Long term: higher

On a yearly basis: Bands are expending and a PEI is in progress for each component of TAM tools. The up trend should continue for two periods or more.

On a quarterly basis, a bullish parallel pattern is in progress.

On a monthly basis, a type I is in progress.

Idea: use monthly bullish parallel rules

Bet:  Historical new high is not ruled out.

R= PM (135.33), UM (137.91);    S= MM (129.82)

Medium term: rise

On a weekly basis, Bollinger Bands spread is a reference one. A PEI is the status for our stochastic and MACD. A NEI is in progress on the weekly unit.

Idea: use our MACD as a leading indicator

Bet: towards UW (or higher) as long as MW= support (at the close).

R= UW (134.73);   S= MW (133.34)

Short term: rise

On a daily basis; a PEI will develop with our moving averages. Stochastic and MACD will be oversold soon. MD is not flat.

Idea:  add long position (intraday basis)

Bet:  towards UD or above.

R= UD (134.43);   S= MD (133.57)

Conclusion: rise