hi huninni.
good luck with your long. yes i also think rio is cheap when you look at the PE ratio.
what is your target price?
sp is holding up well here in aus, only down 1.6%, the adr dropped 3.09%.
there is some fib support at 79.31, under that lots of support at 77.38 and 76.31.
we could see a jump off the lower bollinger band on the weekly chart some time next week.
could we close the gap today, as with bhp, that is a big ask.
have a good one.
582
bought into rio today, looks cheap on pe basis, page-2
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Last
$110.73 |
Change
-1.440(1.28%) |
Mkt cap ! $41.10B | |||
| Open | High | Low | Value | Volume |
| $111.10 | $111.69 | $110.34 | $121.9M | 1.098M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 430 | $110.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $110.74 | 3594 | 4 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |