Hi Flem. I am with KG on this one. I think RIO is looking more...

  1. 1,372 Posts.
    Hi Flem. I am with KG on this one.
    I think RIO is looking more like a short than FMG.
    FMG is rising strongly, still well above EMA10. MACD is still rising. sp recently broke resistance of 5.90 ish and is still rising. No confirmation signals for me.

    RIO on the other hand has hit the upper rising trend line and is on the way down. It has stagnated somewhat last 5 days. MACD turning down but still +. KG's post re china MAY keep it sustained.

    Just my thoughts, not really my sector.

    I wish you luck with it Flem!!
    cheers
    Mower
 
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