Alibaba – Tech Bulls Long Term Fibonacci Extensions – May 2020…

Alibaba  –  Today on ATA Research Radar 

 

ATA Following…

FANG+ INDEX 

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

Alibaba 

14.02.2020 –  Alibaba – Warning “Black Swan” of Coronavirus…

 

Alibaba  Present Master Motives

First of All

Alibaba Canceled Last Rising Wave in  Bull  Trend 

Back under 2018 Year Top 

Psychological Key Level 200 USD Zone 

Alibaba Weaknes 

vs

FANG+ Index  Strong 

after last

Dynamic Pandemic Shot Down 

Now dominating

Bear Correction under Psychological Key Level 200 USD 

on

China vs US  New Verbal  Strikes 

of course with

US  & Global Economy Reopen

V-Shaped Recovery Scenario Mainstream Projections 

Hopes of Potential Coronavirus Drug from Gilead Sciences

vs

ATA  Alibaba  Conclusion 

Long Term Horizon 

Wall Street Factor  for  Alibaba

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

 

Alibaba postponed 15 billion US dollar listing in Hong Kong

 

Present  Alibaba  Situation 

ALIBABA 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 Motives

above in this text…

 

Second…Market Technical  Patterns 

Monthly View 

First of All

Alibaba Weaknes 

for Now

Stopped Long Term Strong Bull Trend

Alibaba Canceled Last Rising Wave in  Bull  Trend 

Back under 2018 Year Top 

Psychological Key Level 200 USD Zone 

Now  still dominating

Pandemic Correction – under 200 USD Zone 

after earlier

Test 61.8% Fib Ret Last Wave Up

started  December 2018

Key Level 170 USD Zone 

( Low 170.00 )

Ahead Higher Target  Fibonacci Extensions

225 – 235  &  250 USD Zone 

vs

still Active

Risks of End  Bull Move

Long Term Rising Trend

after Second

TOUCH – FIB EXT ZONE 

Key Level 225 – 235  USD  Zone

with

New Testing

Key Level 225-235 USD Zone 

61.8% & 68.5%   Fibonacci Extensions 

&

Finally  Future Activate 

Bear Reversal Pattern – M or 2B 

 

ATA Investment Conclusion

Now Special Focus on

Present Range 

185 – 190  vs  200  225-235  USD 

&

Real Future Scenario

Bear Reversal Pattern – M or 2B 

Conformation  or  Cancel 

 

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…!!!

 

N- TIMES

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

First…EOM – May

 

Alibaba   Monthly  Charts :

7.05.2020  – ( Half US Session )

Alibaba - M - Fib Ext

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