trad3r9

$RIO working on a bullish Cup & Handle pattern

Long
ASX:RIO   RIO TINTO LIMITED
The Cup & Handle pattern is also potentially the right side of a multi-year Inverted Head & Shoulders pattern, which is very bullish if it can penetrate the neckline (70-72 area).

In the short-term, another small contraction near 70 would be very constructive.

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