VELOCITY:XJSE_KIO_CFD   Kumba Iron Ore Ltd
A long position has been triggered on $JSE:KIO. The reason for the order being placed is the development of the fractal at the previous high on 04/09. Then a downward trend formed which was broken on 12/09. Today's price action has put us nicely in the profit so far. Hopefully the momentum will continue until it reaches the target at the 522 level.

Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView

For more info about our training and mentorship visit www.suretrading.co.za
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.