A lot of stock has been retrace down (oversold stage), a simple candlestick formed, that's the opportunity to entry. However, if DOJI formed at overbought stage, time to exist take profit. DOJI candlestick= Reversal candlestick!
Let see a few real example to enhance your confident level.
BJTOTO
BJTOTO was retrace down from RM4.64 to RM4.16 without any rebound!
On 27 May 2010, BJTOTO was formed DOJI.
Pls watch closely avoid miss the opportunity!
KKB
KKB was retrace down from RM2,23 to RM1.50 without any rebound!
On 26 May 2010, KKB was formed DOJI.
On 27 May 2010, KKB rebound 4.5%
KNM
KKB was retrace down from RM2,23 to RM1.50 without any rebound!
On 28 April & 26 May 2010, KNM was formed DOJI.
On 29 April rebound 6.9% & 27 May 2010 rebound 5.2%
TM
TM was retrace down from RM3,43 to RM3.08 without any rebound!
On 24 May 2010, TM was formed DOJI.
On 26 & 27 May 2010, TM rebound 4.8%
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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