RIO 0.04% $119.21 rio tinto limited

I agree it does look oversold but the prob is the charts are...

  1. 446 Posts.
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    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.
 
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
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