IO and most commodities languishing a bit. Taking RIO sentiment down with it. RIO chart looking like a good setup for a swing trade. A bounce off the 50 Day EMA and previous higher high. Lets see...
I have a similar story with FMG. Having lived through the highs and downright collapse of Anaconda. I was very conservative in my FMG sizing. FMG at $3.80 (later half of the 2018 FY) was not a bargain. I was waiting for $2.80 and the chart would have looked like the juiciest inverse H&S if it materialised. Definitely would have justified the giant move since. The buyback kept it of the $2.80 lows. 2018 Seems like a long time ago now...
Tell you what though. I did not make that same mistake when FMG pulled back to $14 (from $26.50) 2021. When an opportunity presents itself you really just have to take it.
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IO and most commodities languishing a bit. Taking RIO sentiment...
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Last
$121.17 |
Change
-2.510(2.03%) |
Mkt cap ! $45.25B |
Open | High | Low | Value | Volume |
$123.79 | $124.00 | $121.00 | $183.9M | 1.508M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9894 | $121.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$121.25 | 289 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9894 | 121.170 |
2 | 2235 | 121.150 |
1 | 100 | 121.100 |
1 | 24 | 121.090 |
1 | 2000 | 121.060 |
Price($) | Vol. | No. |
---|---|---|
121.250 | 289 | 1 |
121.300 | 50 | 1 |
121.330 | 4321 | 1 |
121.370 | 50 | 1 |
121.470 | 3096 | 1 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
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