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Mishka1

Is it time to consider RIO or BHP?

Long
Mishka1  
ASX:NCM   None
Trend Analysis Chart Patterns Fundamental Analysis riotinto bhpbilliton BHP
3
3
trendanalysis chartpattern fundamental riotinto bhpbilliton bhp
  • Fundamentally sound - both BHP and RIO

  • Iron ore prices testing key trend line support on longer-term charts Weekly

  • BHP is testing 0.618 and RIO 0.5 FIBs

  • Gold miners NST and NCM testing support but need more confirmation as they are sensitive to USD fluctuations.


Possible trading options:
Leaps
Put sell
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