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My previous analysis (http://mystocksinvesting.blogspot.com/2009/10/ks-energy-forming-wedge.html) came true after KS Energy breakdown from the wedge. Today KS Energy closed at $1.06 with hanging man after a Bullish Harami. This stock may consolidate or rebound a little bit before heading towards the breakdown target of $0.85.
Raffles Education closed at $0.445 on Friday and formed a Bullish Harami candlestick pattern. Coincidently, the stock price bounced back from the $0.435 supports level (38.2% Fibonacci Level and Channel Support). If next session opens with a gap up and closes with a bullish long white candle, a Three Inside Up pattern is formed which [...]
StarHub was on a free fall for last few trading days. Yesterday StarHub closed at $1.93 with a bullish harami candles formed. This pattern implies a pause in a down trend and is a realiable signal for a possible change in sentiment. The down trend may have stopped and the StarHub may move sideway or reverse [...]