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Rio Tinto: fading signal, 2 out of 3 targets reached

Rio Tinto is at week 7 of its buy signal with 2 out of 3 targets already hit and the stop moved to breakeven. The signal is fading and the next management window is next week.

In Summary
Rio Tinto is at week 7 of a buy signal that has already hit 2 out of 3 targets. The signal is fading: strength at 64 out of 100 and setup quality at 58 out of 100, both in the ordinary range. The stop has been moved to breakeven: trade risk is zeroed out, but the next management window is already next week.
Open BUY ·7th week from start ·EU-UK stocks ·T1
IQS Phase
58
ordinary
Signal Strength
64
medium
Sizing
STANDARD
Ranking
#22 / 55
EU-UK stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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