G'day Kman,
Rio is a stock that I have huge respect for as it can move very strongly in a short time frame. (I have been caught on the wrong side of RIO using ETO,s before)
I dislike stock predictions when the current shareprice is mid channel.
I was waiting for RIO to fill the $36-05 before I would take out a short position, but it didnt quite make it on monday.
The stochastic looks like it is rolling down, but I just get the gut feeling it will move higher to get that gap. From there I think it will lose support very quickly and will be a great short.
I could be way off with my thinking, as I said I'm very cautious with RIO.
Good luck
Regards
Commy
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Last
$119.00 |
Change
-2.540(2.09%) |
Mkt cap ! $44.17B |
Open | High | Low | Value | Volume |
$120.56 | $120.69 | $119.00 | $216.2M | 1.800M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 130 | $118.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$119.13 | 1255 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 130 | 118.990 |
1 | 8 | 118.970 |
4 | 4399 | 118.950 |
2 | 2439 | 118.940 |
1 | 2329 | 118.910 |
Price($) | Vol. | No. |
---|---|---|
119.400 | 44 | 1 |
119.650 | 186 | 1 |
119.660 | 2355 | 1 |
119.770 | 2355 | 1 |
119.880 | 2355 | 1 |
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