$RIO Long Term H&S formed on Monthly Chart
- Watch for breakout and close above ~$60.70 resistance level in coming days/weeks
Target - $75.00 by August
Unusual Bullish Options Activity
- $160M worth of near term call options traded today with March 15th / April 18th expirations (majority deep ITM). Will confirm positions tomorrow with updated OI numbers.
Note: Informational analysis, not investment advice.
- Watch for breakout and close above ~$60.70 resistance level in coming days/weeks
Target - $75.00 by August
Unusual Bullish Options Activity
- $160M worth of near term call options traded today with March 15th / April 18th expirations (majority deep ITM). Will confirm positions tomorrow with updated OI numbers.
Note: Informational analysis, not investment advice.