Long term: lower

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

On a quarterly basis, a type I could develop.

On a monthly basis, a bearish parallel pattern is in progress.

Idea: use monthly bearish parallels rules

Bet: towards LM.

R= MM (81.3);    S= LM (74.48)

Medium term: Bollinger bands spread is minimal

On a weekly basis, a bullish no-crossover is the status for our moving averages and our MACD. A NEI is in progress with our monthly time frame.

Idea: rise as long as our MACD is not overbought.

Bet: towards MM is not ruled out.

R = UW (78.19), MM (81.3);     S = MW (77.17)

Short term: higher

On a daily basis; without a PEI, no bullish pattern could develop this week.

Idea: rise as long as our MACD is not overbought

Bet: nothing to do on a daily basis.

R = UW (78.19);   S = MD (77.04)

Conclusion: technical recovery in progress.