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KIO - Danger Ahead!

Short
JSE:KIO   KUMBA IRON ORE LTD
We may derive the following from the Daily KIO chart:

1. Price is approaching its daily uptrend.

2. The past few daily candles have been extremely bearish.

3. Price i.m.o should break the uptrend and continue to decline.

4. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.

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