Popui's financial investment blog
KLCI - 5th Week With White Candle
(18 Sept 2010) This is the 5th week that KLCI surged with a white candle close at 1466.97. The bullishness really caught me by surprise. I was every tempted to further buy more stocks.
History has shown us again and again, the next candle after 5 consecutive bullish bar would ended up a correction bar; a reversal pattern some what.
My strategy:
I will further buy on correction specially when KLCI corrects near it's moving average line. Let's see.
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