Facebook – Back Today on ATA Research Radar
ATA Continuation of…
21.03.2018 – FACE OFF – FACEBOOK GOES DOWN…
11.11.2018 – FACEBOOK – FACE OFF Continuation…
Facebook Main Motives
Beats Q2 Earnings and Revenue Estimates
vs
Regulatory Pressure on Big Tech
&
Nasdaq – July All Time High
vs
Facebook after Earnings
still No New Top on Nasdaq Bull Market Euphory
Present P/E 33.78 vs Forward P/E 21.05
P/BV 6.42
First…ATA from 11.11.2018
” Clear Downtrend dominated
so
First Focus carefully on
Pattern that stop Facebook Fall… ”
Second…Present Facebook Situation
FACEBOOK LONG TERM SITUATION
ATA MARKET MODEL IN LONG TERM ACTION
ATA MIND OVER MARKETS
Follow the Trendlines Not the Headlines
ATA MARKET MODEL :
First…Market Motive…
Second…Market Technical Pattern…
First…Key Motives
above in this text…
Second…Market Technical Patterns
after
Falling Wave to December 2018 Low
Activated
First…Reverse Pattern – Invert 2B
130 USD – Key Level Zone
&
Second…Rising Wave
Now dominating Test of
Top Zone – 210 – 218 USD High – July 2018
but with
Risk of :
First…Long Term M or 2B Pattern
Second…Invert Ending Diagonal
vs
Activated MACD Monthly & Weekly Buy Signals
( Monthly & Weekly Charts )
ATA Investment Conclusion
Special Focus on
Facebook Smart Money Battlefield
2018-10 – 200 vs 195 USD
with
SM Reaction on
FED Meeting & Verdict – 31 July
Finally – EOM – July
always remember
Chart is More Important than 1000 Words…
&
Most Important s Final Smart money Reaction…
EOM – July
Facebook Weekly Charts :
21.03.2018
9.11.2018
Facebook Monthly & Weekly Charts :
26.07.2019 – EOW
