IO and most commodities languishing a bit. Taking RIO sentiment down with it. RIO chart looking like a good setup for a swing trade. A bounce off the 50 Day EMA and previous higher high. Lets see...
I have a similar story with FMG. Having lived through the highs and downright collapse of Anaconda. I was very conservative in my FMG sizing. FMG at $3.80 (later half of the 2018 FY) was not a bargain. I was waiting for $2.80 and the chart would have looked like the juiciest inverse H&S if it materialised. Definitely would have justified the giant move since. The buyback kept it of the $2.80 lows. 2018 Seems like a long time ago now...
Tell you what though. I did not make that same mistake when FMG pulled back to $14 (from $26.50) 2021.When an opportunity presents itself you really just have to take it.
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Last
$121.54 |
Change
0.570(0.47%) |
Mkt cap ! $45.11B |
Open | High | Low | Value | Volume |
$120.60 | $122.45 | $119.85 | $149.8M | 1.230M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 65 | $121.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$121.56 | 1279 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65 | 121.400 |
1 | 6528 | 121.310 |
1 | 2312 | 121.290 |
1 | 1520 | 121.250 |
1 | 186 | 121.230 |
Price($) | Vol. | No. |
---|---|---|
121.600 | 31 | 1 |
121.710 | 5000 | 1 |
121.800 | 2186 | 2 |
121.840 | 2312 | 1 |
121.920 | 2878 | 1 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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RIO (ASX) Chart |