VillageTraderZA

Okay that looks good

Long
JSE:KIO   KUMBA IRON ORE LTD
The stock is looking good. I got stopped on the recent pullback in profit. However The stock still likes its trending higher. Currently trading in the R591 - R683 box. The stock has been moving nicely for quite some time. I’m currently waiting for a break through R583 on the daily chart. I will then get long the stock and put my stop halfway through the R531 - 683 box.

Conclusion: Strongly bullish.

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