Sublime_Trading

Kaz Minerals Falls To Support

LSE:KAZ   KAZ MINERALS PLC ORD 20P
Last post: May 31st. See chart.

Review: Price had bounced off a support area and was above the £10.00 round number.

Update: Price has dropped lower but is finding support at another support level . The 200 simple moving average below may also provide support if price moves lower.

Conclusion: We will have to see if the support area can hold. It would be best to wait for price to break the 7th June high before considering long trades.

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