Long term basis: towards UY?
On a yearly basis, Bollinger bands spread is shrinking slowly. Stochastic and MACD are not yet oversold. As long as PY proves to be a resistance, MY could be an objective. Above PY, UY is our maximal target.
On a quarterly basis, LQ / UQ spread is maximal but shrinking. A bullish no-crossover is in progress with our stochastic and our MACD. UQ is our next target.
On a monthly basis, a PEI is in progress with our moving averages.
Idea: higher
Bet: towards UM or above.
R = UM (1415), PY (1471), UY (1649); S = MM (1253)
Medium term: type I next week?
On a weekly basis, a type I is expected next week.
Idea: l’analyse technique aujourd’hui, la methode ATDMF is The book for this week-end
Bet: a type I could develop.
R = UM (1415); S= MW (1277)
Short term: type I
On a daily basis, a bullish parallel is in progress.
Idea: use bullish parallel rules
Bet: higher.
R = UM (1415); S=MD (1363)
Conclusion: rise as long as MD = support.