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Kumba Iron Ore: Declining Close To R20 (R368 to R349)

Writer's picture: Lester DavidsLester Davids

Trade Kumba Iron Ore with Unum Capital.

To get started, email lester@unum.co.za


Update on previous post where I discussed the extension vs VWAP https://www.unum.capital/post/kio-extended-vwap


Updated chart below.


Previous Post: Kumba Iron Ore: Technically Extended vs YTD Anchored VWAP (Short Term/Active Traders Consider Reducing)


KIO was recently featured as a bullish opportunity (07-January) at around R325. It has since rallied to above R370. Original Post Here: https://www.unum.capital/post/200d-tbs-out-more


Analyst's Price Action Model
Analyst's Price Action Model

Lester Davids

Analyst: Unum Capital

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