Trader-Dan

KUMBA - Swing LONG Idea

Long
JSE:KIO   KUMBA IRON ORE LTD
- Price has come back to visit the 200 day moving average and major uptrend line

- Stochastics reaching oversold

- Looking for a move towards R695 and then gap close

- A daily close below R585 would be viewed as bearish

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.


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.