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Trader-Dan
22 de Nov. de 2022 12:12

KUMBA - Short IDEA Corto

JSE:KIO1D
KUMBA IRON ORE LTDJSE

Descripción

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Kumba reached its 200dma and has clear resistance at these levels... (61.8 retrace)

Looking for a pullback towards the R425 level initially.

Stoploss is a daily close above R502

Support and ResistanceFibonacci
Comentarios
Walter_Hill
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Agreed also considering the Strengthening Rand and the drop in Dalion Iron Ore prices.
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