jacektrocinski

jacektrocinski Aug 31, 2021

Here's my not financial advise analysis on DOGE: Dogecoin has had a majorly bullish year, though in recent weeks we've seen what resembles more of a downtrend than an uptrend which makes it hard to tell where we're going. Fibonacci retracements offer support but are only really useful when there’s a clear trend (bullish/bearish). We are now approaching moving...

jacektrocinski Aug 19, 2021

Technical: - Fib retracement (not shown) shows a good entry point. - Support held last quarter (dashed line), though it broke before recent earnings only to come back again. - Fib extensions (shown on graph) are good exit points though this this a long term hold because of growth potential and dividends. Fundamentals - EPS growing exponentially since 2005. -...

jacektrocinski May 19, 2021

The Fibonacci Extensions at the top represent possible resistance points where profit taking may occur. The Fibonacci Retracement drawn at the bottom represented ideal entry points into a long position. The 50 and 100 Moving Averages should offer support in the short term. Ebay is trading at a low Price/Earnings ratio of 15. The current price level, though not an...

jacektrocinski May 19, 2021

Dogecoin recently hit the 0.618 Fibonacci retracement level and began falling. Assuming the downtrend continues, the next key area of support is at $0.39. If $0.39 is breached then we could see support at the 50 or 100 moving day averages which coincides, more or less, with the Fibonacci extension levels drawn.

jacektrocinski May 14, 2021

Dogecoin did not find support at the 200 moving average and is trending downward. The trend could reverse in the longer term, though it is more like to consolidate before doing so which means the downtrend should continue in the short term at least. Fibonacci extensions offer possible areas of support.

jacektrocinski May 11, 2021

Ebay has generally been trending upwards for the last 10 years and is currently trading at a low Price/Earnings ratio of 15. The 50 and 100 Moving Averages should offer support in the short term. The Fibonacci Extensions at the top represent possible resistance points where profit taking may occur. The Fibonacci Retracement drawn at the bottom represented ideal...

jacektrocinski May 11, 2021

The Fib retracement assumes a downtrend continues. The resistance price indicates a potential short position entry point. If the price breaks through resistance then expect the Dogecoin price to rise.