RIO Tinto

if it bounces it could give more..stops are a must thou

remo wrote: Thanks Libero
on my watch list for a quick long from the trendline play.
cheers mate

Glad to be of help

I note that Ronnie listed RIO in the shares that gapped down today, so it could get to the target this week (touch wood!).


Without wishing to jump the gun, but how many points would this be good to the upside?

There seems to be bunch of resistance lines, but I'm thinking 70+ points should be good!

(pity it is an expensive share / CfD)

Thanks Libero
on my watch list for a quick long from the trendline play.
cheers mate

This fell heavily today, towards 'a' trend-line.

perhaps worth a long as it touches the said line.

This has filled the gap...
I've gone long from the gap fill...

dl.dropboxusercontent.com/u/4899609/rio13thjan2014.png


forgot chart...dohhh

tomorrow may be volatile as dows taken a bit of a hit..hopefully this can ride out this.fingers crossed