Long term basis: not yet bullish

On a yearly basis, TAM tools are not up.

On a quarterly basis, LQ / UQ spread is shrinking. A bullish no-crossover is the status for our stochastic but MQ trend is bearish.

On a monthly basis, Bollinger bands spread is a reference one. A NEI is in progress on the upper time frame.

Idea: monthly MACD is our leading indicator

Bet: UQ as a first resistance.

R= UQ (12332);    S= MQ (9904)

Medium term: bullish

On a weekly basis, T12 was in progress with a bearish trend for LW.

Idea: use bullish parallel rules

Bet: towards UQ is expected.

R= UQ (12332);               S= PW (11016).

Short term: bullish without pattern

On a daily basis, no PEI is in progress with TAM tools..

Idea: use our MACD as a leading indicator

Bet: towards UQ.

R= UQ (12332);     S= MD (11466).

Conclusion: bullish on a medium term basis.