goledger

RTZed ($RIO) worth a place on a watch list.

Long
NYSE:RIO   Rio Tinto Plc
Start of this selling cycle was just prior to the ex-dividend date which resulted in a sizable drop in price.

Then RIO came under more selling pressure re headline news and Afghanistan.

Looks like it might have some support around $68 but also note that's it's currently resting on the lower limit of the YTD linear regression band.

Worth adding to your watch list, probably a better investment than a trading stock.




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