Kumba - Hammer at Support Level Long

KUMBA IRON ORE LTDJSE

Description

⋅ Nov 12, 2021 7:31 AM

Two days ago, JSE:KIO formed a hammer candle and this was confirmed by yesterday's price action. A hammer is a bottom reversal signal and I think we could see a move upward towards the 52000 resistance level.

Comments

ZA-ANALYST

⋅ Nov 16, 2021 2:15 PM

Good work!

Thinus5422

⋅ Nov 16, 2021 11:10 AM

Thank you for chart.