Please forgive the novice questions, but can someone assistance with some technical and trading advice.
I am trading shares themselves, as I do not have the skill or knowledge to take it further i.e.: CFD’s etc. (I am still using my training wheels)
Is KIO still showing a buy. I did buy at 410.00 with a stop loss at 391.52 - Stoch, ROM and RSI where all at a low. It also hit a support level going back to 2010. Was my thinking correct? Was this a proper buy signal?
Now the embarrassing question, Is ARM showing an inverted head and shoulders pattern, starting from 6th Feb 2012 till now. Am I misreading this pattern? pic below
Regards
hex