Peter you may well be right.
However I don't have your skills so I have to rely on what the market tells me. At the moment it tells me RIO wants to go up, and therefore my shortterm call for a resumption of the downtrend was wrong.
As you say the FY report will be the next catalyst.
rio put's, page-7
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Last
$118.63 |
Change
-2.150(1.78%) |
Mkt cap ! $44.57B | |||
| Open | High | Low | Value | Volume |
| $121.09 | $121.37 | $118.30 | $201.0M | 1.677M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1628 | $118.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $118.63 | 2 | 1 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |