RIO - We should expect more drops in Rio Tinto?
Epic shorting opportunity here!! The past 10 years looks to have been a huge 3-3-5 flat. Given we have had one impulsive wave to the downside prior to it, I believe we will get one more impulse to the downside to complete the correction. Reasons for: - B shows a clean 3-3-5 flat - B completed at the .618 fib retracement of A - we've only had one impulsive wave...
The FUTURE High / Low price swing dates for RIO
Double click price column to see this chart. My move perhaps a little early however, a long off this cypher pattern seems like a reasonable opportunity to get into RIO Tinto at this level even with price potentially consolidating over the next few days. I'm actually not concerned if this stop loss gets taken out as prior swings have been very profitable.. As...
The FUTURE High / Low price swing dates for RIO
RIO TINTO MAJOR TREND UP with measured move target of 70...
Rio Tinto ( RIO ) is showing entry signal in buying, MACD, and CCI. Supplier of iron oxide, bauxite for AL, titanium dioxide for paints, coatings, copper, diamonds, and uranium as large-cap mining stock. Metal prices have been bottomed and starting to climb, along with domestic sourcing needs for steel and uranium will send this one to $60. Currently $51.48 and...
$RIO bounced off support recently in the mid-40s. Expecting further rebound into the back half of 2018. Long term target - $60 by year-end
Using my "Imagined Reality", this seems like the formation of an OCO. In addition, the attraction of the 2 GAPs below helps confirm my imagination. If this happens, see: 1- Nothing is 100% in graphical analysis 2 - The fall of the asset will not be linear, there will always be "up and down". 3-As can be seen, I put a small blue line to show that the asset can...
Impressive as Rio Tinto manages to Up and Falling the same time. .. #LuizDenot @LuizDenot #RioTinto #XBroker
Big chances of tomorrow to be a day of purchase and return to average. #LuizDenot #Xbroker
Simple risk-reward trade Return to MA Volume is dropping while trend is bullish
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.
You are looking at RIOTINTO, 1W chart. after the completion of Cup and handle pattern a symmetrical wedge have formed, which the price is trying to break above the resistance. If it break above the symmetrical triangle it will targetting the $91 price. Also, the chart is bullish. I will go "Long" for this.
Rio Tinto Limited $73.8 (Mainly mining and processing of mineral resources) Break below the support $75. Next possible support could be around $68
1. Long-term uptrend as long it holds above its 200 moving average. 2. Share prices gapped down on 28-2-2018 from 80.79 and its still down trading at around 76.88 in today's session almost touching it's 200 moving average. 3. The next support is at around 76.17 if it fails to hold at this level then prices might fall further to around 75.24 support 4. A break-out...