siya_south

possible inverse H&S on KUMBA

JSE:KIO   KUMBA IRON ORE LTD
Two possible scenarios on KUMBA..since the market is in an ascending channel and has rejected at the upper end of the channel we can expect the market to pull back to the lower end of the channel where it can find buyers ...if the market decides to break above the neckline we would have to wait for the neck line to act as support and then look for buying evidence

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