$JSEKIO - Kumba Iron Ore - Look At The Iron Ore Futures
See link below for previous analysis
Kumba has had a strong breakout above strong resistance.
The big bear from 80338 to 33991 labelled as a zigzag.
Kumba has a very strong correlation with the iron ore futures, shown below in a light orange line chart.
I am bullish above 40000 with a buy the dips strategy.
Kumba has had a strong breakout above strong resistance.
The big bear from 80338 to 33991 labelled as a zigzag.
Kumba has a very strong correlation with the iron ore futures, shown below in a light orange line chart.
I am bullish above 40000 with a buy the dips strategy.
