Long term: lower?

On a yearly basis, Bollinger band spread could increase. A PEI is in progress with our moving averages.

On a quarterly basis, a technical recovery could develop.

On a monthly basis, UM is our next objective.

Idea: towards UM

Bet: rise as long as our monthly stochastic is not overbought.

R= UM (85.47);    S= MM (80.54)

Medium term: technical recovery

On a weekly basis, prices are above UW and the trend for LW is bearish. A NEI is the status of the monthly time frame and no PEI is in progress with TAM tools.

Idea: higher as long as our MACD is not overbought

Bet: focus on monthly M23 trend.

R = UM (85.47);     S = MW (78.57)

Short term: bullish parallel

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

Idea: use bullish parallel rules

Bet: towards UM.

R = UM (85.47);   S = PD (81.96)

Conclusion: technical recovery on a medium term basis.