TradingView
RossLarter
Oct 14, 2020 10:05 AM

KUMBA - upward momentum Long

KUMBA IRON ORE LTDJSE

Description

JSE: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

More