Rio has been very slow to fill the major top of what I consider range 2 .
On a long term basis I had been figuring on 42.50 ish [give or take a little] note I've called this approx number in the past .
I get next major resistance level between 41.56 - 41.79 plus the all time high is around there at 41.51 so watch that carefully as well .
Up ranges in this leg off 31.98 are ;
31.98 - 35.96
34.60- 38.35
35.70-39.63
36.30-40.20
37.81- ?
The surprising thing is that we often witness only 4 uplegs [small ranges ] in the bigger picture which means the tops in but it just don't feel like it to me so will stick by the next set of numbers until I see last major swing low broken .
cheers ge
ps; dont trade my figs but thought the above worth pointing out plus it gives me bragging rights if I get a hit
- Forums
- ASX - General
- RIO
- rio targets based on pure mechanical
rio targets based on pure mechanical
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RIO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$127.83 |
Change
-0.690(0.54%) |
Mkt cap ! $47.31B |
Open | High | Low | Value | Volume |
$128.65 | $128.65 | $127.29 | $75.71M | 592.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 33 | $127.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$127.84 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 81 | 127.850 |
4 | 57 | 127.840 |
3 | 60 | 127.830 |
3 | 115 | 127.820 |
2 | 213 | 127.810 |
Price($) | Vol. | No. |
---|---|---|
127.880 | 111 | 5 |
127.890 | 58 | 1 |
127.900 | 469 | 7 |
127.910 | 430 | 8 |
127.920 | 231 | 3 |
Last trade - 12.44pm 04/06/2024 (20 minute delay) ? |
|
|||||
Last
$128.09 |
  |
Change
-0.690 ( 0.09 %) |
|||
Open | High | Low | Volume | ||
$128.37 | $128.37 | $127.35 | 29117 | ||
Last updated 13.03pm 04/06/2024 ? |
Featured News
RIO (ASX) Chart |