Agreed prowiz,
UBS have had 12-month rating Buy for the last three Research reports, and the last comments justifying the buy were:
1. Iron ore remains key driver
�� Rio Q3 Production � overall a solid result
�� Marginal earnings downgrades on tempering of expectations
�� Buy, maintain preference for RIO relative to BHP
�� Valuation: $106.65 (DCF, 10% d.r.)
Daily Chart suggest that price action is overbought with indicators extended so wonder which support line/moving average will hold up?
Agreed prowiz,UBS have had 12-month rating Buy for the last...
Add RIO (ASX) to my watchlist
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Last
$114.45 |
Change
0.000(0.00%) |
Mkt cap ! $42.48B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $114.51 | $112.97 | $1.232M | 10.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 519 | $120.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $108.73 | 1118 | 6 |
View Market Depth
| Last trade - 09.44am 23/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |
Day chart unavailable