Looks like the resistance level of $28.50 will not be tested.
$29 looks like it will hold.
Time to buy this quality resource blue chip at $30 - $31???
If commodity prices do trend lower it only allows RIO the opportunity to pick up bargain takoever targets at "silly" prices - and profit hugely when the uptick occurs.
What's the view out there on RIO?
I am sorely tempted at current prices.
RIO .... time to buy?
Add RIO (ASX) to my watchlist
 (20min delay)
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Last
$112.98 |
Change
2.510(2.27%) |
Mkt cap ! $41.00B | |||
| Open | High | Low | Value | Volume |
| $111.50 | $113.69 | $111.11 | $62.24M | 552.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 93 | $112.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $113.00 | 8 | 1 |
View Market Depth
| Last trade - 12.48pm 25/05/2022 (20 minute delay) ? |
 (live)
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Last
$112.90 |
Change
2.510 ( 2.42 %) |
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| Open | High | Low | Volume | ||
| $111.47 | $113.67 | $111.23 | 46509 | ||
| Last updated 13.07pm 25/05/2022 (live) ? | |||||
| RIO (ASX) Chart |