Facebook – Tech Bulls Secular Fibonacci Extensions – May 2020…

Facebook –  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…

Facebook

21.03.2018  –  FACE OFF – FACEBOOK GOES DOWN…

11.11.2018 –  FACEBOOK – FACE OFF Continuation…

27.07.2019 –  FACEBOOK – Risky Top Zone Attack…

 

Facebook   Present Master Motives

Facebook   Back  to  Bull  Trend 

with

FANG+ Index 

after last

Dynamic Pandemic Shot Down 

Test Key Levels 130-140 USD Zone

( Low 137.10 )

78.6 – 88.6% Fib Ret Zone 

Activated Bull Reversal Pattern 

Inverted H&S – Neckline 150 USD  

Now

New Back above Psychological Key Level 200 USD 

Ahead Higher Target  Fibonacci Extensions

225   250 – 280   &  325 USD Zones

on

US  & Global Economy Reopen

V-Shaped Recovery Scenario Mainstream Projections 

Hopes of Potential Coronavirus Drug from Gilead Sciences

vs

ATA  Facebook  Conclusion 

Long Term Horizon 

Wall Street Factor  for  Facebook

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

 

Facebook - 3

 

Present Facebook  Situation 

FACEBOOK  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

Now

New Back above Psychological Key Level 200 USD 

even after

Q1 2020 Shot Down

Test Key Levels 130-140 USD Zone

( Low 137.10 )

78.6 – 88.6% Fib Ret Zone 

Last Wave Up started December 2018

Activated Bull Reversal Pattern 

Inverted H&S – Neckline 150 USD  

vs

still Active Risks of End

Dynamic Bull Move

Long Term Rising Trend

after Second

TOUCH – FIB EXT ZONE 

Key Level 225 USD  

with

New Testing

Psychological Key Level 225 USD Zone 

50%  Fibonacci Extension

&

Finally  Future Activate 

Bear Reversal Pattern – M or 2B 

 

ATA Investment Conclusion

Now Special Focus on

Present Range 

200  vs   225 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

 

Facebook  Monthly  Charts :

6.05.2020  – EOD

Facebook - M - Fib Ext

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