weekend charting 1st of may, page-78

  1. 2,397 Posts.
    nickyjames

    RIO right on that uptrending support but so close to falling through. Can it hold on???
    There have been previous bearish MACD divergences but they failed to stop RIO.
    BHP had a similar uptrend line which was broken in the last week, increasing the chances of RIO breaking down.
    Won't mean the end of the world but rather the angle of the uptrend will decrease.

 
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