AMAZON – Tech Bulls Secular Fibonacci Extensions – May 2020…

AMAZON – 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…

AMAZON

2017 – 2019 

21.05.2017 – AMAZING AMAZON…

23.09.2017 – AMAZON – HOW MUCH IS ENOUGH..!!???

21.11.2017  –  TECH ICARUS – FLIGHT NEAR THE MARKET SUN…

10.11.2018 –  AMAZON dynamic return from COSMIC GATE…

20.07.2019 –  AMAZON – still under COSMIC GATE…

27.07.2019 –  AMAZON – Contraction from COSMIC GATE…

4.10.2019 –  AMAZON – Bear Power Rising…

15.11.2019 –  AMAZON – still away from Nasdaq Bull Rally…

2.12.2019 –  AMAZON – Cyber Monday Mainstream Motive…

7.12.2019 – AMAZON – No Santa Claus Motive in Smart Money Play…

2020

11.02.2020 –  AMAZON – “JEDI” Contract Strike Back…

 

AMAZON   Present Master Motives

AMAZON all time  Bull  Trend 

with

FANG+ Index 

after last

Dynamic Pandemic Shot Down 

Now dominating

New Wave above Psychological Key Level 2000 USD 

on

US  & Global Economy Reopen

V-Shaped Recovery Scenario Mainstream Projections 

Hopes of Potential Coronavirus Drug from Gilead Sciences

vs

ATA  AMAZON Conclusion 

Long Term Horizon 

Wall Street Factor  for  AMAZON

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

 

AMAZON - 8

 

Present  AMAZON  Situation 

AMAZON 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

still Active

Mega Long Term Strong Bull Trend

New Wave above Psychological Key Level 2000 USD 

even after

Q1 2020 Shot Down

Test Psychological Key Level 1600 USD Zone

( Low 1627.15. )

61.8% Fib Ret Zone 

Activated

Bull Reversal Pattern 

Inverted 2B – Key Level  1627 USD  

Now dominating

New Wave above Psychological Key Level 2000 USD 

Test Psychological Key Level 2450 USD Zone 

56.4%  &  61.8%   Fibonacci Extension

Two Big Rising Waves 

with

Present Bear Contraction 

( Low 2250 Zone – Now 2350 USD )

but

all time above  Magic 2000 USD 

vs

still Active Risks of End

Dynamic Bull Move

Long Term Rising Trend

after Second

TOUCH – FIB EXT ZONE 

Key Level 2450 USD  Zone

with

New Testing

Key Level 2450 USD Zone 

56.4%  &  61.8%   Fibonacci Extensions 

&

Finally  Future Activate 

Bear Reversal Pattern – M or 2B 

 

ATA Investment Conclusion

Now Special Focus on

Present Range 

2000 – 2300  vs   2450  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

 

ALPHABET   Monthly  Charts :

6.05.2020  – EOD

Amazon - M - Fib Ext

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