RIO's stuck in no man's land. There is a slight chance that it will pick up support off this green line and bounce, but if it doesn't its a sure thing for $49 by the looks of things. Then it starts to get interesting, because if the whole lower double top trading range is merely a consolidation of the prior move, then it could quite easily continue lower. But let's not get too far ahead of ourselves. Green line, and then yellow area if that doesn't hold.
RIO's stuck in no man's land. There is a slight chance that it...
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Last
8,199.5 |
Change
67.700(0.83%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,131.8 | 8,224.2 | 8,131.8 |
| XJO (ASX) Chart |