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.
- Forums
- ASX - By Stock
- RIO Technical Analysis
IO and most commodities languishing a bit. Taking RIO sentiment...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RIO (ASX) to my watchlist
|
|||||
Last
$120.25 |
Change
0.580(0.48%) |
Mkt cap ! $44.63B |
Open | High | Low | Value | Volume |
$120.56 | $120.66 | $119.34 | $383.1M | 3.157M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2871 | $120.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$120.25 | 18 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 64 | 119.350 |
1 | 250 | 119.340 |
2 | 2000 | 119.310 |
5 | 1478 | 119.300 |
1 | 92 | 119.280 |
Price($) | Vol. | No. |
---|---|---|
120.250 | 18 | 1 |
120.440 | 100 | 1 |
120.490 | 150 | 1 |
120.500 | 500 | 1 |
120.590 | 120 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
RIO (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online