RIO 0.21% $119.62 rio tinto limited

although RIO can follow whatever happening in US, I can feel...

  1. 435 Posts.
    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.
 
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