Potential Buy Alert RIO
RIO – Rio Tinto Limited
RIO has been moving lower for the last month as price contracts but we see the buyers poised to resume the trend higher. The mining behemoth has been holding higher lows as buyers steadily grind price higher so we are now watching for another higher low to hold and a buy entry setup to build.
Stock Code : RIO – Rio Tinto Limited
Company Website : www.riotinto.com
Current Price : 70.73
Status : On watch for buy entry setup