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MarcoOlevano

#KIO Kumba approaching huge weekly support level #JSE

Long
KUMBA IRON ORE LTD (JSE:KIO)  
MarcoOlevano Updated   
JSE:KIO   KUMBA IRON ORE LTD
Support and Resistance KIO kumba ironore
8
3
supportandresistance kio kumba ironore
R360.00 is clear support here... as highlighted in yellow circles, march saw similar action where the stock consolidated just under the 200wma before igniting a rally of some proportion. Are we going to see something similar here?
Comment:
Lovely move from Kumba off horizontal support identified
Comment:
It is really getting going now..
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