Hi Ghos777,
To be honest with you I think this trade has been more luck than anything.
I hoped that a positive report had been fully priced in given months of continual increases in commodity prices.
I also thought there would be significant resistance at $90 coinciding with a possible peak in global bullish sentiment, which I was hoped would limit my losses if things went the wrong way for me.
So on that basis I shorted.
I was surprised at how positive the report was though and was concerned yesterday afternoon.
Things have worked out so far.
Dreamcatcher
Hi Ghos777,To be honest with you I think this trade has been...
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Last
$123.75 |
Change
-0.520(0.42%) |
Mkt cap ! $45.96B | |||
| Open | High | Low | Value | Volume |
| $124.20 | $124.43 | $123.39 | $28.99M | 232.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50 | $123.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.78 | 76 | 6 |
View Market Depth
| Last trade - 12.14pm 05/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |