RIO 0.83% $94.41 rio tinto limited

RIO rising wedge

  1. 668 Posts.
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    RIOs weekly chart shows a rising wedge - beware, a pullback is imminent.

    Possibly time for puts. Unfortunately the warrant market is thin for RIO puts at present.

    New bottom target = $31.40 IF $32 support fails to hold.

    Personal due diligence HIGHLY recommended.

 
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$94.41
Change
-0.790(0.83%)
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Last trade - 16.10pm 20/11/2019 (20 minute delay) ?
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$94.31
  Change
-0.790 ( 0.90 %)
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RIO (ASX) Chart
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