Hmmm... there are a number of potential SHORTS in the charts, all subject to movement in the DOW next week ... early birds will profit here.
Chart shows recent strong uptick ready to stall yet again at resistance level and Fib(50%) at $33.70.
Confirmation required due to possible strong positive day Monday due to Friday DOW ... look for weakness following this.
RIO is a standout IMHO as a potential SHORT and chart looks like this ...
Cheers ... tight stops.
This is only my view ... read the red stuff.
potential short when dow stalls ??
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 (20min delay)
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Last
$129.66 |
Change
-1.960(1.49%) |
Mkt cap ! $48.13B | |||
| Open | High | Low | Value | Volume |
| $129.75 | $130.27 | $129.20 | $169.0M | 1.302M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2597 | $129.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $129.70 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$129.57 |
Change
-1.960 ( 1.65 %) |
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| Open | High | Low | Volume | ||
| $129.61 | $130.27 | $129.22 | 96492 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| RIO (ASX) Chart |