re: rio time to go short ? SB, this seems to be what the herd is thinking. But I just have trouble accepting this. The $A seems to be rising as much as precious metal prices are and counteracting any positive effect.
RIO has increased by almost 20% since their half yearly results. It is hard to see their full year results coming in 20% higher than last year.
Another interesting thing with Rio is that in the last 2 years the share price has begun a significant reversal in January or early Febuary.
rio time to go short ? rembrandt ?, page-29
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Last
$110.09 |
Change
1.690(1.56%) |
Mkt cap ! $40.86B | |||
| Open | High | Low | Value | Volume |
| $110.42 | $111.63 | $109.38 | $294.4M | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 317 | $110.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $110.40 | 100 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |