Good morning. From my previous article
on the KLCI if the index managed to close higher when the "Two Hammer"
appeared we might see a technical rebound but it didn't materialize when
the index close down -15.87 point to close at 1,805.10 point.
But one thing for sure another
candlestick "Inverted Hammer" appeared on Thursday closing (07.05.2015).
On Friday when the market was closed it appear again another "Inverted
Hammer".
Basically from the candlestick guidance,
a confirmation of the next day candlestick (Monday), can only confirm
whether the share market can rebound or we can call it a Trend Reversal.
An opening higher with white long candlestick would be prefer on the
next trading day to confirm it.
** Malaysian-Shares Blogspot **
