AMAZON – Back Today on ATA Research Radar
ATA Continuation of…
7.05.2020 – AMAZON – Tech Bulls Secular Fibonacci Extensions – May 2020…
with
ATA Following…
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…
FANG+ INDEX
12.06.2020 – FANG + INDEX – FED Smart Money Motive…
AMAZON Present Master Motives
AMAZON Stopped Bull Trend
Short term June Bear Contraction
after earlier
Test Key Level 2650 – 2700 USD Zone
Fib Ext Zone
Now
Back to Market Balance Psychological Level 2500 USD
on
FED – Powell Wall Street Hard Awakening
No Rate Hikes through 2022 – near ZERO again through 2022…
&
Afterpandemic New Reality
US & Global Economy Reopen
U or L – Shaped Recovery Scenario Mainstream Projections
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
First…ATA from 11.02.2020
” 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 ”
Second…Present AMAZON Situation
AMAZON LONG TERM SITUATION
ATA MARKET MODEL IN LONG TERM ACTION
ATA MIND OVER MARKETS
Charts have No Temperature
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
Stopped Mega Long Term Strong Bull Trend
vs
still above Psychological Key Level 2500 USD
Now dominating
Short term Bear Contraction
after
78.6% Fibonacci Extension
Younger Rising Wave
vs
still Active Risks of End
Dynamic Bull Move
Long Term Rising Trend
after
Last Bull Run
of course needed
Finally Future Activate
Bear Reversal Pattern – M or 2B
ATA Investment Conclusion
Now Special Focus on
Present Range
2500 vs 2650-2700 USD
with
Research New Pattern
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 – June
AMAZON Monthly Charts :
6.05.2020 – EOD
12.06.2020 – EOW
ATA FINANCIAL RESEARCH 