What’s Changed?
Last Friday, Rio Tinto shares came under renewed selling pressure, slipping below the GBX 6600 mark. However, since the start of the new trading week, the copper producer has managed to recover and is now trading just above resistance at GBX 6788.
Primary Scenario
In theory, the high of this strong upward move could already be in place. According to our primary scenario, though, we’re allowing for a bit more upside. After that, we expect renewed downward pressure into our Long-Term Entry Range (GBX 4121–GBX 2234).
Last Friday, Rio Tinto shares came under renewed selling pressure, slipping below the GBX 6600 mark. However, since the start of the new trading week, the copper producer has managed to recover and is now trading just above resistance at GBX 6788.
Primary Scenario
In theory, the high of this strong upward move could already be in place. According to our primary scenario, though, we’re allowing for a bit more upside. After that, we expect renewed downward pressure into our Long-Term Entry Range (GBX 4121–GBX 2234).
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。