Hi Ghos777,
To be honest with you I think this trade has been more luck than anything.
I hoped that a positive report had been fully priced in given months of continual increases in commodity prices.
I also thought there would be significant resistance at $90 coinciding with a possible peak in global bullish sentiment, which I was hoped would limit my losses if things went the wrong way for me.
So on that basis I shorted.
I was surprised at how positive the report was though and was concerned yesterday afternoon.
Things have worked out so far.
Dreamcatcher
todays trading, page-8
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Last
$112.81 |
Change
-1.620(1.42%) |
Mkt cap ! $41.87B | |||
| Open | High | Low | Value | Volume |
| $114.38 | $114.42 | $112.81 | $158.9M | 1.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2408 | $112.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $112.85 | 6700 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |