I agree it does look oversold but the prob is the charts are still indicating around $76 -$80 ish in the short term. Iron ore price isn't helping. Longer term it will be ok but still some volatility shorter term. Very difficult to buy into a falling knife. Time will tell.
I agree it does look oversold but the prob is the charts are...
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Last
$124.07 |
Change
-0.200(0.16%) |
Mkt cap ! $45.96B | |||
| Open | High | Low | Value | Volume |
| $124.20 | $124.20 | $123.39 | $20.62M | 165.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 79 | $124.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $124.07 | 23 | 1 |
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| Last trade - 11.12am 05/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |