How to tell whether the correction is over?
A good question. For me, I'll depend on the STI movement. Once the MACD shows a positive convergence/divergence or STI manage to find its support level at its 20d EMA again, I'll consider the correction is over.
At the mean time, I'm shortlisting those strong fundamental stocks that has fell signifanctly. I believe these stocks will move back very fast once the correction is over.
If everyone has any recommendation, please feel free share with me. Thanks.
Disclaimer
All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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