RossLarter

KUMBA - upward momentum

Long
RossLarter Updated   
JSE:KIO   KUMBA IRON ORE LTD
KIO is heading upward for a long position. The MACD, Stochastic and EMA's are all showing confirmation for a move to the upside. This coupled with the fact that it has recently made 2 higher lows and fails to break lower, could mean a nice move upwards to the previous resistance level.
Trade active:
Moving nicely towards the target at the moment.
Trade closed manually

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