BITX Analysis
Fibonacci Analysis:
Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days)
and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend
will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts
will include ABC's up/down (multiple 38% retracements) and various reversal signals.
| Time Frame | Trend | 38.2% | 50% | 61.8% |
| Long | 19.04 to 71.94 | 52.18 (37.35%) | . | . |
| Intermediate | 24.98 to 71.94 | . | 52.18 (42.08%) | . |
| Short | 52.99 to 71.94 | . | . | 52.18 (104.27%) |