Kumba - Hammer at Support Level

Two days ago, KIO formed a hammer candle and this was confirmed by yesterday's price action. A hammer is a bottom reversal signal and I think we could see a move upward towards the 52000 resistance level.
ALSICandlestick AnalysisjsekumbasouthafricaTrend AnalysisZAR

Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView

For more info about our training and mentorship visit suretrading.co.za
Also on:

Disclaimer