Long term basis: above PY
On a yearly basis, a bull trend for UY could emerge with higher prices. Above PY a new bull trend could be expected. Stochastic and MACD are not yet oversold. PY is a very strong resistance.
On a quarterly basis, LQ / UQ spread is maximal but shrinking. A PEI is in progress with our stochastic and our MACD. UQ is our next target if 1371 (current high) fails as a resistance.
On a monthly basis, Bollinger bands spread is a reference one. The status for our moving averages will be a bullish no-crossover.
Idea: focus on 1371
Bet: towards UY if PY fails as a resistance.
R = 1371, PY (1471.3), UY (1648); S = MM (1238)
Medium term: bullish?
On a weekly basis, a PEI is in progress for each TAM tool. A type I is likely.
Idea: bullish with a type I
Bet: last opportunity to be long.
R = 1371; S= MW (1269)
Short term: bullish parallel pattern
On a daily basis, a bullish parallel is in progress.
Idea: use bullish parallel rules
Bet: towards 1371 or above.
R = 1371; S=MD (1340)
Conclusion: bullish as long as MD = support.