RIO 3.43% $127.45 rio tinto limited

RIO .... time to buy?

  1. 181 Posts.
    Looks like the resistance level of $28.50 will not be tested.

    $29 looks like it will hold.

    Time to buy this quality resource blue chip at $30 - $31???

    If commodity prices do trend lower it only allows RIO the opportunity to pick up bargain takoever targets at "silly" prices - and profit hugely when the uptick occurs.

    What's the view out there on RIO?

    I am sorely tempted at current prices.
 
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