if u have ur TP last round in PUC at high side 30-35sen.
Or,
if u believe PicturesWork(singpapore) company value that PUC wana takeover.
You can buy some PUC mother at 21-195sen. (fibonaci level)
Buy in few batches (few times) to average down cost.
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PUCLA conversion to PUC mother is 5sen
For PUCLA
21-5sen conversion. Hence is 16sen , can start accumulate
if 0.195sen - 5sen conversion, then u park to buy at 0.145 - 0.15sen
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READ more on Fibonacci
Retracement:
http://www.investopedia.com/terms/f/fibonacciretracement.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186
what is?
http://www.investopedia.com/ask/answers/05/fibonacciretracement.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186
Retracement or reversal?
http://www.investopedia.com/articles/trading/06/retracements.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186
Fibonaci Goldern Ratio:
http://www.investopedia.com/articles/technical/04/033104.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186
Click to Enlarge the pic to see more clear pic for Fibonaci
References: credit to sifu
PUC 0007: Strategy for next 2 weeks
Belows are calculations based on " Cause & Effect (因果) and Fibonacci principles and theory of wheel within wheel ( 轮中轮)....WD Gann(江恩)
Small wheel (小轮)
61.8 % is (30.5-20.5)x0.618+20.5=26.68
50% (道) is (30.5+20.5)/2=25.5
38.2% is (30.5-20.5)x0.382+20.5=24.32
23.6% is (30.5-20.5)x0.236+20.5=22.86
Pyramid corner is 21
Big wheel (大轮)
61.8% is (35.5-20.5)x0.618+20.5=29.77
50%(道) is (35.5+20.5)/2=28
38.2% is (35.5-20.5)x0.382+20.5=26.23
Pyramid corner is 25/26 (cross wall, every strong resistance here)
23.6% is (35.5-20.5)x0.236+20.5=24.04
Based on theory of Wheel within wheel (WD Gann) ...轮中轮 and calculated values
PUC will face very strong resistance at 25/26.5 sen, so please take note of it..
Perhaps we need help from army of outer regions (塞外军) to break the 25/26.5 sen strong resistance..
