although RIO can follow whatever happening in US, I can feel it's more of an Iron Ore price that what matters these days.
Keep an eye on Ore, once it goes south from 135/ton, RIO can go back to 60. I think that used to be the previous resistance and RIO should test that support and bounce up to confirm the new trading range. I believe new range can be between 72-60.
Have a good holiday.
potential bottom, page-19
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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 |