EXPerience (amory's experience) has shown that the time to enter a short or long position via eto's is when the stock is nicely overbt or oversold on chart & turning, pref while the market overall is showing a similar tendency.
yes, both BHP & RIO have been mildly overbought, but still showing bullish tendencies. I would want to see how they react to the Dow firmness today & then make sure some kind of a top has been reached before deciding on a put.
nothing makes a punter look dopier than to buy a put on the basis of normal share-price fluctuation, only to see the stock go up by another dollar or two.
but that's only a personal opinion, not intended to deter anyone from their plans.
~/. .\~
EXPerience (amory's experience) has shown that the time to enter...
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$105.68 |
Change
-2.440(2.26%) |
Mkt cap ! $39.23B | |||
| Open | High | Low | Value | Volume |
| $106.15 | $106.52 | $105.11 | $126.1M | 1.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 969 | $105.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $105.75 | 2330 | 3 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| RIO (ASX) Chart |