Kumba Iron Ore Limited
Short

$JSEKIO - Kumba Iron Ore: Bearish Support Trendline Break

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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.

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