VillageTraderZA

Beautiful bullish divergence on increased volume

Long
JSE:KIO   KUMBA IRON ORE LTD
Nice bullish divergence pattern on increased volume as the stock holds the 200d EMA support. Now I’m waiting for a close above R638.80 I will buy the stock with a stop loss just below the 200d EMA at R555.90

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.