KUMBA - upward momentum

Updated
KIO is heading upward for a long position. The MACD, Stochastic and EMA's are all showing confirmation for a move to the upside. This coupled with the fact that it has recently made 2 higher lows and fails to break lower, could mean a nice move upwards to the previous resistance level.
Trade active
Moving nicely towards the target at the moment.
Trade closed manually
ALSIjsekumbasouthafricaTrend 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