APPLE – Back one more time Today on ATA Research Radar
ATA Continuation of…
8.11.2019 –APPLE – Tech Bulls Hitting Secular Fibonacci Extensions Zone…
&
25.12.2019 – APPLE – Tech Bulls Secular Fibonacci Extensions – Update December 2019…
with
ATA Following…
31.10.2019 – APPLE – Over the Top Expectations…
&
9.02.2020 – APPLE – PATTERN INCEPTION – Update February 2020…
9.02.2020 – APPLE – ELLIOTT WAVE TOP COUNTDOWN – Update February 2020…
Apple Main Motives
Apple still Active Bull Market
Nasdaq in New February All Time High Zone
vs
Last January All Time High – No February yet
Now Apple Last Tested Target Fibonacci Extensions
Key Levels 322 & 327 USD
Ahead Higher Target Fibonacci Extension
Key Level 359 USD
& of course
Psychological Key Levels 330 & 350 USD
on
China Coronavirus – Apple Risk Factor
China Coronavirus Outbreak Fear Strike still Active
400 Million People Locked Down
vs
Super Headline News
Services Rising
iCloud, App Store, Apple TV+, Apple Music, Apple Arcade, Apple News+
Apple New Horizonts & Great Expectations
5G iPhone ‘Supercycle’ & 5G iPhone Models
Wireless Chip Businesses
Apple most likely buyer of Broadcom
Satellite Technology
Internet Services directly to Devices, bypassing Wireless Networks
Apple Extreme Contrary Valuations – 2020 Targets
Wedbush Securities 350 USD
vs
Rosenblatt Securities 150 USD
N-Times…
If APPLE Price – Firm with MOUNT EVEREST OF CASH…
Change Market Trend…
It can be KEY FACTOR – MARKET STRONG GAME CHANGER …
from RISK ON to RISK OFF
for All US & Global Equties & other Risk Assets… !!!
First…ATA from 25.12.2019
” Mega Long Term Rising Trend
but with
Key Bear Reversal Pattern Risk
Ending Diagonal Pattern
Upper Edge – Key Level 275 USD Zone
vs
Rising Wave
above
FIB EXT Target Zone 255 -259.89 USD
Ahead of
Next Higher FIB EXT Target Zone
322.53 – 327.43 USD
11.089% 2 Secular Bull Waves
&
3.14% Last Rising Wave
Key Level 359.49 USD
with
Psychological Master Key Levels
300 330 350 USD
All Time High 284.87 USD ”
Second…Present Apple Situation
APPLE SECULAR SITUATION
ATA MARKET MODEL IN LONG TERM ACTION
ATA MIND OVER MARKETS
Hope is Not a Strategy
Follow the Trendlines Not the Headlines
Failed Signal is the Strongest Signal
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
First…Key Motives
above in this text…
Second…Market Technical Patterns
Monthly View
First of All
still Active
Mega Long Term Rising Trend
but with
Key Bear Reversal Patterns Risk
Ending Diagonal Pattern
Upper Edge – Key Level 300 USD
New Ending Diagonal Pattern
Upper Edge – Key Level 330 USD
Lower Edge – Key Level 300 USD
with
Testing
FIB EXT Target Zone
322.53 – 327.43 USD
11.089% 2 Secular Bull Waves
&
Ahead Higher Target Fibonacci Extension
3.14% Last Rising Wave
Key Level 359.49 USD
with
Psychological Master Key Levels
300 330 350 USD
All Time High 327.85 USD
&
MACD Monthly Buy Signal
ATA Investment Conclusion
still carefully Research
Master Trend Reversal Patterns
Confirmation
&
Special Focus on
Apple Smart Money Battlefield
330 – 350 USD
FIB EXT Target Zone
322.53 – 327.43 & 359.49 USD
with
SM Final Reaction
Now…EOM – February
ATA Wall Street Maximes
MAJOR TOPS WERE ALWAYS CREATED on SUPER GOOD NEWS
with
EUPHORY PHASE …!!!
Market Trend always changed when Mainstream Media created
One Slogan ” No Chance for Change “…
that’s why
Charts show you Reversal Pattern First ex ante…!!!
Risk strikes Fast…
Chart is More Important than 1000 Words…
Most Important is Final Smart Money Reaction….
First..EOM-February
APPLE Monthly Charts :
8.11.2019 ( Half US Session )
24.12.2019 – EOD
7.02.2020 – EOW
ATA FINANCIAL RESEARCH 