MichaelBsul

Tech-Media Stocks: Macro Fib Schematics

BATS:DIS   Walt Disney Company (The)
These Tech Media/Entertainment companies are among the biggest and most influential. Their Fib Schematics are somewhat similar but a few are unique. Twitter is newer than the rest so it takes up less room. We may see Twitter keep this support and continue onto its new schematics.

As for every single chart, we can see the monthly candles respecting these s/r lines. One must not need me to tell them which way we are suppose to go, rather they must look deep inside the chart and understand weather it is on support, on resistance, or pushing away from one of them. We can see this in ever single one.

Unfortunately, this is a 2 month chart but it still definitely works! 100 percent will still work no matter the timeframe. Its just that the structure gets more defined the lower the timeframe.

Front runs, rejections, and clear supports can be spotted here.

For me, AT&T looks like a buy because of multiple frontuns above. T-Mobile looks like a buy to resistance and then short sell. The others are too complex to put into mere words.
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