high probability of going up,keep your investment if you are a buyer
I spy a divergence with potential. Rio Tinto is also a great long term play on Uranium being a miner of it.
Rio Tinto mines basically everything, from silver, gold & diamonds, to uranium, lithium, copper & aluminum and everything in between. It's been trading in a tight range $60-65, since the November bottom out. Now, going into 2022, I think RIO is likely to be bullish next year, possibly after a temporary mini downside test. In any event, here's RIO critical price...
I've been waiting a long ass time for this thing to bottom, and it looks like it finally has. Both the daily and weekly look good, and it's above it's 50 SMA. The chart divergences illustrated also are positive. This is a very safe stock with very low volatility, high dividends, and an upside price of $90 if the market doesn't turn belly up. Even if it does,...
Since my longer term outlook is higher inflation than bond yields, I've been looking for stocks that should perform well in an inflationary environment. RIO is a cash rich stock in the mining and processing of minerals (iron ore, copper, gold, etc) that pays an 11% dividend. The charts appear to show a symmetrical triangle that broke out to the upside before...
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.
It looks like a huge triangle in Rio Tinto, it is 4000+ days of Triangle! so patience is key, however, I guess it is a good time to accumulate a position for the long term.
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
Personally, I'm leaning towards the bullish, blue count but I can't ignore the bearish, red count either.
With current uncertainly www.commsec.com.au following is a snippet from news: 1. Either way, Aussie investors are indirectly exposed to Evergrande through the Chinese property sector’s insatiable demand for iron ore. The price of the steel-making ingredient - Australia’s most important export - has already halved from record highs of around US$233 a tonne in...
RIO very good and strong company. very good dividends to enjoy. take the right time to take positions. that times arrived now. i start buying dca and enjoy the next dividends. probably with a good rise in stock price also! Safe al! Stone.
Rio Tinto Group is engaged in the exploration, extraction and processing of mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore and uranium. It also owns and operates open-pit and subway mines. Revenue TTM 58B Net Income TTM 18.7B EBITDA TTM 31.9B Cash TTM 14B Net Margin TTM 32.2% EBITDA...
Start of this selling cycle was just prior to the ex-dividend date which resulted in a sizable drop in price. Then RIO came under more selling pressure re headline news and Afghanistan. Looks like it might have some support around $68 but also note that's it's currently resting on the lower limit of the YTD linear regression band. Worth adding to your watch...
Simple long setup with great risk/reward. While this is not your TSLA AMZN BTC ETH DOGE cool stock it will still make you money just the same.
This one will be a complete technical analysis. Starting point ->>> support lines 73.50$ - 72.64$ Stopploss - 75.40$ 1. Target - 81.05$ 2. Target Buying reasons -2 support lines 74.17$+73.50$ -daily: RSI oversold (30 area) + MACD tendencies for a countermovement Selling points -weekly+monthly MACD indicates sell down -weekly+ monthly RSI indicates...
hello freinds i recommend selling after an analysis of this market because will know with a fort probability a down trend on next days cordialy
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE. FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS.
It seems to be meeting most of Mark Minervini criteria as well?