Is candlestick continuation patterns applicable in Malaysian stock market?

• Main Authors: Chin, Chee-Ling, Jais, Mohamad, Sulong Balia, Sophee, Tinggi, Michael
• Format: Conference or Workshop Item
• Language: English
• Published: 2017
• Subjects: HG Finance
• Online Access: http://repo.uum.edu.my/21034/1/shsconf_four2017%201%207iiv.pdf; http://repo.uum.edu.my/21034/; http://doi.org/10.1051/shsconf/20173407009
• Institution: Universiti Utara Malaysia

Technical analysis is deemed to be an anathema to the modern finance theory as it contradicts with the efficient market hypothesis, typically the weak form market efficiency which forbids the utilization of past prices and trading volume data to predict future market movement.However, the technical...