re: rio puts ... rio2d update, astoria Well there u go Astoria welcome to the range trading game .
As per my above posts we saw declines of up to 9 % ?
Yes RIO must go up . One to fill in the 2 gaps and 2ndly to create an ABC pattern or double top .
ie; and we're only guessing here , A will be the high B will be the low [maybe today ] C will be the next lower top .
I was so busy today I didn't get set but my trading rules say I should only trade with the trend . C will be level to get set at .
Today found support at the monthly bottom channel and well done for picking it , tomorrow may confirm either more down or up to fill the gaps .
The higher close on the bar chart today ,than the open, indicates up .
Good luck and be prepared to short it again soon if we go up for a few days .
Or some will argue we haven't broken the monthly [down]so the trend remains up anyway and your right in trying to buy the bottom .
U decide .
cheers ge
- Forums
- ASX - By Stock
- RIO
- rio time to go short ? rembrandt ?
rio time to go short ? rembrandt ?, page-64
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RIO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$108.35 |
Change
1.240(1.16%) |
Mkt cap ! $40.22B |
Open | High | Low | Value | Volume |
$107.56 | $109.15 | $107.56 | $101.0M | 932.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3458 | $108.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$108.38 | 717 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3458 | 108.260 |
1 | 7638 | 108.220 |
2 | 207 | 108.200 |
2 | 3682 | 108.170 |
1 | 1717 | 108.150 |
Price($) | Vol. | No. |
---|---|---|
108.380 | 717 | 1 |
108.720 | 5588 | 5 |
108.800 | 4458 | 2 |
108.890 | 3458 | 1 |
108.940 | 2116 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
RIO (ASX) Chart |