Kumba Iron Ore Limited
Short

$JSEKIO - Kumba Iron Ore: Bearish Support Trendline Break

126
See link below for previous analysis.

The advance from October 2022 was in three waves which is corrective in nature.
The stock has now had a strong weekly close below the support trendline which adds to the bearish.

I am bearish Kumba with a price target at 32000 cps.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.