Tencent – Today on ATA Research Radar
ATA Following…
Taiwan Semiconductor Manufacturing
15.02.2020 – Taiwan Semiconductor Manufacturing – 5th ELLIOTT WAVE in Action…
Alibaba
14.02.2020 – Alibaba – Warning “Black Swan” of Coronavirus…
TATS – ” ASIAN FANG ”
TATS – Taiwan Semiconductor , Alibaba, Tencent, Samsung
7.12.2017 – TATS WARNING – NOT ONLY NASDAQ FANG…
&
8.08.2019 – TATS – ASIAN BIG TECH BEAR STRIKE…
FANG+ Index
6.02.2020 – FANG + INDEX – BIG TECH BULL WAVE vs LONG TERM HORIZON Major Fibonacci Extensions – Update February 2020…
9.02.2020 – FANG + INDEX – Spectrum of Research – from Long to Short Term Perspectives…
Nasdaq Comp & Nasdaq 100
12.02.2020 – NASDAQ – ELLIOTT WAVE TOP 2020 FINAL COUNTDOWN…
12.02.2020 – NASDAQ – US Tech Bulls Parabolic Wave vs Secular Horizon Major Fibonacci Extensions – Update February 2020…
Tencent Motives
Negative Divergence
Tencent No New February 2020 All Time High
vs
Nasdaq & Nasdaq 100 New February 2020 All Time High
with
China & Global Coronavirus Outbreak Risk Factor
China Coronavirus Fabricating Numbers Risk
&
Secular Motives
Tech Boom Cycle
US Big Techs Buybacks
with
Central Banks Mega Easing Active Wave
Main Central Players FED , ECB , BOJ, PBoC
ATA Research Secular Conclusion…
Now still Rising Probability of
2000 Year DOT.COM Bubble Burst DEJA VU Scenario
First…ATA from 8.08.2019
” Tencent
19 months after Master Top – January 2018
Key Levels 470 – 476 Zone
Now dominating
Hybryd H&S Pattern Forming
Neck line – Key Level 335 ”
Second…Present Tencent Situation
TENCENT LONG TERM 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 Master Motives
above in this text…
Second…Market Technical Patterns
First of All
All Time High still January 2018 Top
Key Level 476.60 HKD
After
First…No Activated Bear Pattern
Hybryd H&S Pattern
Not Break Down Neckline 335 HKD
Second… Bull Strike – Baskerville Dog Run
Dynamic Rising Wave
above
Psychological Key Level 400 HKD
April 2019 Top – Key Level 400.40 HKD
Now dominating
Bull Attack toward to January 2018 Top
vs
FIB RET Last Wave Down 78.6 – 88.6% Zone
Key Levels 428 – 450 HKD
&
MACD Monthly Buy Signal
ATA Long Term Investment Conclusion
Special Focus on
Present Tencent Battlefield
400 vs 428 – 450 & 476 HKD
with
FIB RET Last Wave Down
and of course
Next China US Fut Markets Smart Money Moves
New Coronavirus News
ATA Wall Street Maximes
MAJOR TOPS WERE ALWAYS CREATED on SUPER GOOD NEWS
with
EUPHORY PHASE …!!!
vs
MAJOR BOTTOMS WERE ALWAYS CREATED
on
SUPER NEGATIVE NEWS
with
PANIC PHASE
&
WALL STREET NEVER TOLD YOU…YOU SHOULD SELL…!!!
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 – Now February
Tencent Monthly Charts :
8.08.2019
14.02.2020 – EOW
ATA FINANCIAL RESEARCH 