PCU- Uncertainty

This is PCU half year chart.
Yesterday, it was a volatile day for PCU. Its ups and downs within an hour and remain at the resistance level for the whole day.
After the closing bell, it form a doji bar just right at the resistance level.
If i was not sleeping, i think i would place a small order to buy put for this counter(if the risk and reward is attractive).
Otherwise, i will wait till the market open and see the real time reaction for this stock.

After all, PCU could be a quick profit earner once it beak through yesterday's low again.
A lot of strategies could be apply here.(It is just depend on who you are and how you wanna play, i hope that my options buddy could measure your own risk management and apply strategy that suit you. )

Remember, PCU might keep testing the resistance for quite some time(nobody know), we as a trader we just have to wait for the time. Just like a tiger always quietly wait for the sheep and catch it immediately once its come out.

-It is high probability that the stock would go down, but if its break its resistance level, it could go higher. (Just bear in mind)

-To my fellow professional traders, I tend to make a lots of explanation because i am afraid someone who is not equip enough to participate in this trade and do not know what to do if the trade goes against them.

After all, i do not want to have any troubles from here. Haha.

I post these articles is to share what i am doing and help amateur traders(beginner, who loss money, or profit here and loss there) to move up to the next level.

Please forgive me that i always put a long long articles here.
( i do not always though, now that i am free and passionate)