It was Goldman Sachs downgrade to RIO and BHP that was causing big falls last night.
RIO has been saying ore prices will have a steady decline since early this year. Where was Goldman after the full year report?
I usually take this as a Buy signal when they say Sell :)
You wanna know funnier stuff. They gave VALE a BUY at the same time who is even a larger IO miner than RIO for now. Amazing stuff. Both RIO.NY and VALE.NY are hitting late Nov prices and one got BUY and another got SELL.
Please, at least be consistent, boneheads!
charting rio - is $60 key support/resistance?, page-11
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Last
$116.65 |
Change
-1.640(1.39%) |
Mkt cap ! $43.30B | |||
| Open | High | Low | Value | Volume |
| $117.87 | $118.70 | $116.65 | $201.6M | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2011 | $116.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.85 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |