Long term basis: towards UQ or above

On a yearly basis, Bollinger bands spread is shrinking slowly. Stochastic could be oversold at the end of the period. Our moving averages will continue to rise. As long as PY proves to be a resistance, MY could be an objective. Above PY, UY is our main 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 for some quarters

Bet: towards UQ or above.

R = PY (1471), UQ (1566), UY (1652);    S = MM (1269)

Medium term: type I in progress

On a weekly basis, a bullish parallel is in progress.

Idea: use parallel rules

Bet: the bullish trend will continue.

R = PY (1471);    S= MW (1324)

Short term: decline

On a daily basis, UD / LD spread is expending. NEI is the status for TAM tools.

Idea: lower as long as our MACD is not oversold

Bet: a bearish pre-parallel pattern could develop.

R = MD (1399);                       S=1357, MW (1324)

Conclusion:  bullish as long as MW = support.