RobbyP

Kumba trading back up in the channel

Long
JSE:KIO   KUMBA IRON ORE LTD
With Asia trading higher this morning, KIO is holding up okayish but we could very well see the stock trade higher to close that "dividend gap". I also think there is a good probability that the price could make an attempt at the upper band of the more medium term sideways channel. I almost want to say the next "dip" can be bought...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.