Get started

RIO

Future of RIO, BHP and the sectorI have had a pretty large position in RIO and BHP since end of July 2022, I bought expecting the market to recover and for copper/iron demand to jump from the re-opening of China and the rest of the world. These positions have given me quite the return with their pretty high yields. Having said this, we can see that the steam from the market's comeback has slowed down, copper, iron and ore prices in general have met some resistance and both RIO and BHP have taken a step back from their highs. I don't think there is much more gain to be made with these stocks even though their structure and their fundamentals are highly attractive. I like to invest in one sector at a time, trying to spot which one will be the next to glow up. I think the mining and refining sector has had it's run. Therefore, I'll most probably be exiting my positions in both these companies after collecting dividends and the most probable upside from the upcoming earnings. Extra: I am mostly exiting my position because of what I said above, but I've slowly started to consider the rising tensions between China and the western world. Though sanctions would be an economical blunder for everyone in play, having your biggest consumers be in a cat fight is certainly not preferable for business.
NYSE:RIO
by mikamaster_
IDENTIFIED LONG ENTRY AREA - RIO TINTO LIMITED - RIO - WEEKLYThis time we look at the RIO's price in the Australian Stock Exchange ASX. The black horizontal line is potentially the strongest support ever. Price has strongly failed in the past to go under it. The curve is coming back around those prices which probably pictures a buying zone. It might probably interesting to buy while in the square and exit when the price goes back again above the up trending black dotted line. Wanna Share Your Thought About This Idea ?
ASX:RIOLong
by Diallo_Charts_Ideas
1
62 Fe Iron Ore Outlook for Australian Iron Ore62% Fe CFR Iron Ore continues its bullish trajectory, closing in on USD160/tonne. The futures markets show a continued bullish trend. Chinese News China announces a 5.5% economic growth target for 2022, down from 6% for 2021. Premier of the State Council for the PRC, Li Keqiang, stressed the priority of 'economic stability' for 2022. In addition to this, the Premier announced that Covid-19 controls will be adjusted as needed to facilitate economic growth priorities. As the Winter Olympics have now wound down, steel production caps are gradually being eased and should continue over the next coming months. These are all bullish signals for Iron Ore prices. Russian/Ukraine Conflict The Russia/Ukraine war is not expected to cause any significant impacts on iron ore supply on global markets, accounting for less than 40million tonnes of production annually. Australian Local News Weather As Australia is still in the backend of tropical cyclone season, there is a possibility of disruption to normal shiploading activities at Pilbara ports, which could have a short-term negative impact on supply. COVID-19 Western Australia has opened their hard border to other states. This will help with the labour constraints that have plagued many Australian Iron Ore (IO) producers over the last 18 months as there were significant hurdles to obtain skilled/specialist labour to assist with both preventative and corrective maintenance outages across mining sites in the Pilbara. Ideally, over the remaining fiscal year, we should see increased reliability in output from mines and Ports and adherence to output schedules. Long-Term Outlook for Iron Ore Chinese regulators have flagged speculative trading and excessive stockpile hoarding of commodities including IO as the reason for exorbitant prices seen over the last 18 months as opposed to actual demand seen from steel mills. It is rumoured Chinese regulators will look at consolidating the fractured steel production market in China through mergers/acquisitions in a bid to increase bargaining power when it comes to raw material purchasing. Given the 2022 goal of 'economic stability', this does seem like a necessary strategy for China to guarantee fair prices for their major inputs for economic growth. Consolidating the local steel production market to match the high market concentration of Australian IO producers would theoretically allow for better prices for Chinese purchasers. However, given the soured relationship between Australia and China over the last 24 months, it is unlikely the Australian government will take to this kindly, as commodities prices over the last 18 months have delivered record taxes and royalties to Australian governments and essentially kept their economy alive since the COVID-19 pandemic began. In response, in the wildest scenario, we may see Australia back a cartel formation amongst the major IO producers - BHP , ASX:RIO , ASX:FMG - as a way of securing their own economic security.
ASX:BHP
by MAXiot
RIO Next Stop $80 Range???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 May, following China’s clampdown on the property sector and pollution. 2. A downdraught in Chinese property prices would further subdue construction and reduce iron ore demand. Of course, a potential Evergrande default would be catastrophic for steel demand and shares of Aussie-listed iron ore producers. with current levle of uncertainlty, it's just like catching falling knife, unless we get trend reversal confirmation. it is possible we can see further down side around $90 range and then finally $80 range. Please note these are my own notes for future reference, by no means trading advise to anyone. Also, please feel free to comment or share your thoughts.
ASX:RIOShort
by AsimMirzaTrader
DIP ON STEALThis one will be a complete technical analysis. Starting point ->>> support lines 73.50$ - 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 selldown -under the SMAs (except for 400) The violet line shows the general uptrend from 2020 to March where we have a break-out (bearish). This shows us that it is unlikely to get ATH. Therefore, I wrote some easier achievable goals. So, first target has a risk reward ratio of 3.11 with +3.8% upside. Second has risk reward ratio of 8.6 with +10% upside, both with a 1.2% stoploss. The stopploss is based on a Fibonacci retracement.
NYSE:RIOLong
by Chrlstlan
Recommended portfolio for the next 2 weeks!The ideas behind this portfolio are: 1- Benefiting from possible 6 trillion dollars infrastructure bill. 2- Being properly hedged using commodities. 3- Having exposure to the Tourism industry, apparel, and increased demand for gas in post-pandemic era. My recommended asset allocation: 50% stock: 25% cash: 25% Gold: 0 Cryptocurrency NYSE:VALE NYSE:RIO NYSE:SCCO NYSE:CLF NYSE:X NYSE:FCX NASDAQ:ABNB NYSE:UA NYSE:XOM NYSE:AON Use trailing stop loss..!
NYSE:VALELong
by Moshkelgosha
4
Algo Key Code with PTP on: RIO - CCIV -TME - DISCA - CCLSince there was such an overwhelming interest in weird things I find in gauging the market....I made this video that breaks down 4 stocks that I used Past Trend prediction on and paired it with Key Code to show confluence on these stocks going Up. Keep in mind these are 2 different paths from 2 different time periods and completely different moves altogether. If that doesn't speak to you I don't know why you are watching this. I am iCantw84it, 1 of 33 people in the world with Acquired Savant Syndrome. You can google me: Scott Mele WECT to see a video about me. I paint amongst other things like trading. All things I couldn't do before my wreck. If you like this video and want to see more like this pls like, follow, share, and comment below. As thats the only way I can tell if you want to see more of these. Thank you, iCantw84it 06.03.2021
NYSE:RIOLong
by iCantw84it
MIDCAP - FUNDAMENTAL - Rio Tinto to 220 USD $PLTR Blockchain PMs- Metals bull cycle is starting... 5+ years IMO - Cyclical bottom has been found in certain PM markets - 90T USD Smart City plan being pushed... They will need raw materials to fuel the next bubble. You haven't seen anything yet. - Company is poised to dominate, partnering with Palantir and incorporating blockchain technology - Good dividend stock that will move like small caps did this year shortly IMO: add it to the long term portfolio. Titanic long term returns More analysis on smart city and metals plays coming soon
NYSE:RIOLong
by UnknownUnicorn1043646
Here it is #RioTinto #RIO #tradingview @RioTinto #mining #goldWho would have thought it?! Rio Tinto is faster than the police or the Söder allows. The shares simply do not respect the boundaries of the restrictions and cross the borders. That is forbidden, after all in Germany. In this case, Rio Tinto is making a statement with a new all-time high and thus for me an superior ongoing wave 3. With 4.8% p.a. Dividend yield one is also made happy at the moment. So everyone can get through the storm. Greetings from Hanover Stefan Bode
ASX:RIOLong
by StefanBode
2
RIO let's look behind the graph.RIO let's look behind the graph. The future of RIO TINTO looks good. Near Loznica in western Serbia, a mineral containing a significant percentage of lithium and boron was discovered in 2004, named Jadarite, after the Jadar River, in whose valley it was found. The first exploration of jadarit began with the multinational company Rio Tinto, which soon established a subsidiary called Rio Sava Exploration. According to the company, the total reserve of jadarit in this part of Serbia is about 136 million tons, but optimistic estimates that it could be as high as 200 million tons. Rio Tinto has launched the so-called “Jadar project,” in which it has invested about $ 200 million so far, but the total investment in the excavations and opening of the mines could reach $ 1.5 billion. Representatives of both the company involved and the Serbian state have indicated that extraction should start in 2025 at the latest. Source: Private banker The future value of the mined mineral layer could reach $ 300 billion. But what the technical analysis shows. The RIO price level has exited the accumulation phase that has been going on for many years and is preparing for a significant rise. It can also be seen that a fractal copy can take place over a period of months, so the long-term goal can reach 300 usd. Buying this stock may be ideal for investors who are thinking for a longer period of time.
Editors' picks
NYSE:RIOLong
by meszaros
FA will determine TA scenario for OM. Price Discovery likelyOM is currently at a decision level, following massive dumps of presales and the first batch of unlocked tokens. For the next 30 days, the direction will be determined by FA news releases made within the next 48-96 hours. With no/negative FA, the price action of OM/USDT pair can become quite merciless, obliterating OM's value. However, it a more likely scenario of a young Polkadot DeFi project, FA news coupled with narrative is likely to move OM to the Green scenario in which a target north of 1 USDT is a possibility for OM, based on its TA. Subsequent price discovery would then need additional evaluation. Other Polkadot or DeFi projects experienced price discovery leading to 2-3x peaks after the entry of price discovery, which is not impossible for OM. However, even without that a positive scenario aims for 1.1 USDT. Another almost certain event is a listing of OM on Binance which is likely to serve as a catalyst for the potential price discovery.
Long
by Goldsworth
1