Kaz Minerals Falls To Support
KAZ MINERALS PLC ORD 20P LSE:KAZ
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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