i don't think that at the moment you should be buying anything. Rio in particular had a spectacular run up to $35.50 and left plenty of gaps behind. The closest one at 32.20-32.60 caused a bounce today. RIO may go up tonight but over the next week or more you may see the bourses go down considerably and RIO along with them. The rising dollar - possibly pausing at mid 70's- will put pressure on australian resource companiesas well. Cash is king or be short. (RIO's good buying below $28 IMHO)
kman
i don't think that at the moment you should be buying anything....
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$119.13 |
Change
1.650(1.40%) |
Mkt cap ! $44.16B | |||
| Open | High | Low | Value | Volume |
| $119.20 | $120.17 | $118.54 | $65.90M | 552.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 253 | $119.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.18 | 98 | 2 |
View Market Depth
| Last trade - 12.14pm 01/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |