Long term: a technical recovery is expected
On a yearly basis, Bollinger band spread could increase. A PEI is in progress with our moving averages.
On a quarterly basis, stochastic and MACD could be oversold next period.
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 (85.43), MQ (94.18); S= MM (80.52)
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 (85.43); S = MW (78.81)
Short term: bullish parallel
On a daily basis, a bullish parallel pattern is in progress.
Idea: use bullish parallel rules
Bet: towards UD.
R = UD (84.31); S = MD (82.5)
Conclusion: technical recovery on a medium term basis.
Position: Previous = out, in progress = no position, Next: out.
since 01/01 = NS