RIO TINTO ORD GBP0.10 RIO

GA2017 Pro+

buyer strength at the bottom of the value area. long trade back to the target at the control line. It does have the potential to hit the value high again, but you never know. a safer trade is to exit at the control line.

andmk2 Pro

Bullish triangle pattern forming and possible breakout to come. Not much volume though although good performance in the past few months.

mgiuliani Pro

The recovery of the global economy, driven by industrial production, resulted in significant price strength for our major commodities, which we were able to capture, achieving record financial results with free cash flow of $17.7 billion and underlying earnings of $21.4 billion, after taxes and government royalties of $13.0 billion. This enables us to pay our...

Shauns_Trading Pro

We have come out of a swing low, good outlook for miners. The SP has been following the trend for 5 years.

Suminski

There is a large stopping volume in the price zone marked on the chart. Taking into account the large volume swing on the declines and the lack of significant decline in the price, it means buying out sold shares. Accumulation is ongoing.

andmk2 Pro Updated 

As Rio is well below its 200 EMA is this the time to go short? Trend appears to be over for now and huge volume today

tomj2417 Pro+

Personally, I'm leaning towards the bullish, blue count but I can't ignore the bearish, red count either.

Rambobambo

It seems to be meeting most of Mark Minervini criteria as well?

mgiuliani Pro

On a technical level, a Bullish Cypher Pattern is being formed with a target in the 5,200 area, which respects the Fibonacci dynamics. You can see important support at 5,800 as the MM200 passes. Monitor closelyr the developments in prices on metals.

unrqbt Pro+

It looks like RIO can't make up its mind at the moment from hitting a VERY long term resistance line at the top and a short term one underneath. I think whichever line it breaks meaningfully first might decide which way it goes

darkhorse007

Rio Tinto - Approaching strong support at 2650

jamzachillese

This is not a financial advice Short this on the 1st hour on monday.

ForexTradingSchool

Seems like a good stock to get for value investors. Rio Tinto price seems too good to be true.

Eddy_VH

RIO - We should expect more drops in Rio Tinto?

Durius Updated 

Rio Tinto gave a clear warning 3 days ago that it wasn't going to continue further. It halted for 2 days..and all of a sudden it collapsed down 3,5% in 3 minutes..astonishing.

MANOLIS Updated 

Rio tinto We have an interesting Buy zone at median line extensions of our pitchfork. Good luck !!!

pardis Updated 

uptrend ...buy after sure closing above tl

Turpan

Rio has successfully completed a rising wedge pattern - broke down the support line and now it's slowly going to test it. It seems like very likely the support becomes a new resistance and stock is going to go down. However, it has also stopped at the 50MA with slightly increased volume, which may signal also a support. Now, it is crucial to watch the lower trend...