RossLarter

KUMBA - Long Triggered

Long
VELOCITY:XJSE_KIO_CFD   Kumba Iron Ore Ltd
A long position has been triggered on $JSE:KIO. The reason for the order being placed is the development of the fractal at the previous high on 04/09. Then a downward trend formed which was broken on 12/09. Today's price action has put us nicely in the profit so far. Hopefully the momentum will continue until it reaches the target at the 522 level.

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