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
$119.90 |
Change
2.280(1.94%) |
Mkt cap ! $44.36B |
Open | High | Low | Value | Volume |
$118.39 | $120.10 | $118.39 | $62.62M | 524.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 108 | $119.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$119.90 | 50 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 71 | 119.760 |
7 | 217 | 119.750 |
5 | 522 | 119.740 |
3 | 112 | 119.730 |
6 | 413 | 119.720 |
Price($) | Vol. | No. |
---|---|---|
119.770 | 375 | 7 |
119.780 | 415 | 4 |
119.790 | 421 | 11 |
119.800 | 274 | 7 |
119.810 | 188 | 4 |
Last trade - 14.14pm 21/10/2024 (20 minute delay) ? |
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