APPLE – Tech Bulls Secular Fibonacci Extensions – Update May 2020…

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…

9.02.2020 –  APPLE – Tech Bulls Secular Fibonacci Extensions – Update February 2020…

with

ATA Following …

4.05.2020 –  FANG + INDEX – BIG TECH BULL WAVE vs BEAR CONTRACTION – LONG TERM HORIZON Major Fibonacci Extensions vs Retracements – Update May 2020…

 

Apple Main Motives

Apple  Back  to  Bull  Trend 

with

FANG+ Index 

after

Dynamic Pandemic Shot Down 

with

New Testing Psychological Key Level 300 USD 

Ahead Higher Target  Fibonacci Extensions

Key Levels  322  – 327 USD  & Key Level  359 USD 

on

US  & Global Economy Reopen

V-Shaped Recovery Scenario Mainstream Projections 

Hopes of Potential Coronavirus Drug from Gilead Sciences

vs

ATA  Apple    Conclusion 

Long Term Horizon 

Wall Street Factor  for  Apple

still High Probability

of

2000 Year  DOT.COM  Bubble Burst  DEJA VU Scenario

or even

1929 Great Depression 

with

Guggenheim “PONZI SCHEME” Collapse Warning

Central Banks driven ‘Ponzi Scheme’ must Collapse

Tech Bubble High Risk 

GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK

 

Tim Cook, CEO of Apple, waves to attendees during an Apple special event at the Steve Jobs Theater in Cupertino

 

First…ATA from  9.02.2020

” 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     

 

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 Strong Bull Trend

New Testing Psychological Key Level 300 USD 

even after

Q1 2020 Shot Down

Perfect Test  61.8% Fib Ret

Last Wave Up started January 2019

but with

still Active Risks

Key Bear Reversal Patterns Risk 

Last Big Ending Diagonal Pattern 

Upper Edge – Key Level 310 USD 

with

New Testing Psychological Key Level 300 USD 

Ahead Higher Target  Fibonacci Extensions

Key Levels  322  – 327 USD  & Key Level  359 USD 

&

MACD Monthly Buy Signal

 

ATA Investment Conclusion

special focus on

Psychological Key Level 300 USD 

still carefully Research

Master Trend Reversal  Pattern

Confirmation or Cancel 

&

active monitoring

Apple  Smart Money Battlefield  

280  –  300 – 330 – 350   USD Zone 

FIB EXT  Target Zone 

322.53 – 327.43  & 359.49 USD

with

SM  Final Reaction 

Now…EOM – May 

 

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-May

 

APPLE  Monthly  Charts :

8.11.2019  ( Half US Session )

APPLE - M - FIB EXT

APPLE - M - FIB EXT - Focus

24.12.2019 – EOD

APPLE - M - FIB EXT

APPLE - M - FIB EXT - Focus

7.02.2020 – EOW 

APPLE - M - FIB EXT - Focus

5.05.2020  –  EOD 

APPLE - M - FIB EXT

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