This morning has seen RIO break through the post-gap resistance of $47.65 & $47.60 (previous highs).
Will be interesting to see where it goes from here. If it was to now fill the gap, we'd be looking at >$60.
That seems hard to believe in this environment but a rally is inevitable so should any shorts should have tight stop losses imo.
any idea why rio is being shorted?, page-12
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 (20min delay)
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Last
$115.70 |
Change
-0.510(0.44%) |
Mkt cap ! $42.94B | |||
| Open | High | Low | Value | Volume |
| $115.93 | $117.27 | $115.08 | $98.58M | 849.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1100 | $115.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $115.80 | 2712 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |