Kumba Iron Ore (KIO) - A Massive Mover - Here's How It Played Out | Wednesday, 26 July 2023
KIO is a name discussed on Monday 10 July 2023 with the view that the share could find support near it's swing low. While the pullback was not as aggressive as anticipated, the share started to move higher near the swing lows. Yesterday we saw the share close higher by 11% following it's market update. The original and follow-up slides are shown below.
For an enlarged view, click on the arrows in the top right corner of the image
KIO as at yesterday's close
Well done to those who traded it.
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