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KIO and ARM – noob needs advice


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#1 hexadecimal

hexadecimal

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Posted 04 November 2013 - 03:50 PM

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  

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