hi huninni.
good luck with your long. yes i also think rio is cheap when you look at the PE ratio.
what is your target price?
sp is holding up well here in aus, only down 1.6%, the adr dropped 3.09%.
there is some fib support at 79.31, under that lots of support at 77.38 and 76.31.
we could see a jump off the lower bollinger band on the weekly chart some time next week.
could we close the gap today, as with bhp, that is a big ask.
have a good one.
582
bought into rio today, looks cheap on pe basis, page-2
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Last
$113.65 |
Change
-0.340(0.30%) |
Mkt cap ! $42.03B | |||
| Open | High | Low | Value | Volume |
| $113.72 | $113.86 | $113.00 | $22.74M | 198.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 69 | $113.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $113.65 | 98 | 5 |
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| Last trade - 11.26am 22/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |