The Theory of 20% & Full Gap Fill

July 1, 2013 at 11:29 am Leave a comment

On June 19, 2013, A measly 1pt and some decimal on PSEi’s 6549.68 gap put a tease on gap fills. After which the index lost around 870 pts coming from the high of 6548.26 to have a little bear taste for a day (breaking 5922 and registering a low on June 25 at 5,678.73).

On theory of 20%. Coming from a low 5678. Its 20% is around 6813.
Coming from its high, its 20% is 5922.

On what relevance these numbers are, we shall continue … some other time.

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Entry filed under: Phisix's Closet (PSEi). Tags: , , , .

On Gaps, Apple, Gold, Herseys’ and the Bees PSEi’s theme for the week – RUSH’s YYZ

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