Celticheart Investor
A beginner's guide to trading and investing
I just had to post this chart as a great example of how to recognise confirmation signals. The initial signal was
a spinning top (not quite a doji) 3 days ago followed by a relatively weak confirmation signal and, with the release of yesterday's RNS a much more positive signal that this company is moving back up quite dramatically. It is all about reading the signs and reacting accordingly from a chartist's point of view.
A cautionary note, trading and investing in shares carries a level of risk, these blogs are only meant as a basic guideline to investing and trading, always do your own research and base your decisions on what you can afford to lose. This blog is not intended to provide financial advice as I am not qualified to do so, it is simply designed to provide information about how the markets work that might be of some help to private investors like myself.
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