Long term basis: Bullish as long as monthly MACD is not overbought
On a yearly basis, PY failed as a resistance. Stochastic is oversold. Our moving averages could continue to rise.
On a quarterly basis, Bollinger Bands spread is maximal but continue to increase. A bullish no-crossover is the status for our stochastic and MACD.
On a monthly basis, a bullish no-crossover is the status for each TAM tool. A type II is in progress.
Idea: use monthly parallel rules
R = monthly MACD overbought; S = MM (1398)
Weekly basis: bullish
On a weekly basis, a bullish type II is in progress.
Idea: use parallels rules
Bet: bullish for some weeks.
R = weekly MACD overbought; S= MW (1528)
Daily basis: a type II could develop
On a daily basis, Bollinger bands are expending. If a PEI is the next status for our stochastic, a strong up move will develop.
Idea: focus on our daily stochastic
Bet: a decline will be a technical one as long as MD= support. .
R= daily MACD overbought; S= MD (1586)
Conclusion: bullish on a long term basis.