$JSEKIO - Kumba Iron Ore: Bearish Support Trendline Break
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.
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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