Interesting chart, page-2

I'm not the biggest fan of retracement theory etc.........reckon it gets too complicated for its own good and you can explain away anything in the end....BUT......if you look at TAP and you like retracements then this looks very interesting. The chart is very symmetrical in that it has an upward move and retraces 50% (approx) and has done this three times in a row with the next base expected around 1.45 which is the recent low. You could be right about a good time to buy. Not a buy on my criteria though.