RossLarter

Bullish Harami on KIO

Long
VELOCITY:XJSE_KIO_CFD   Kumba Iron Ore Ltd
A bullish harami formed on KIO with yesterday's price action. This is a bottom reversal signal, so we can expect an upward move if it plays out.

Our target at 530 lines up nicely with a resistance zone, so if it get's going, I don't see why it wont reach target.

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