Lu, Tsung-Hsun; Shiu, Yung-Ming; Liu, Tsung-Chi - In: Review of Financial Economics 21 (2012) 2, pp. 63-68
This paper aims to investigate the profitability of two-day candlestick patterns by buying on bullish (bearish) patterns and holding until bearish (bullish) patterns occur. Our data set includes daily opening, high, low, and closing prices of component stocks in the Taiwan Top 50 Tracker Fund...