Rio Tinto at week 8 · 2 of 3 targets hit
Rio Tinto: trade progressing but structure calls for caution
Rio Tinto at week 8 · 2 of 3 targets hit
In Summary
Rio Tinto is at week 8 of an active buy signal: 2 of the 3 targets from our most advanced model have been hit, with a 3.5% gain from entry. The signal ranks 9th among the 65 open Longs for European-UK stocks. The technical structure shows some weakness signals, however: the next and final management window at week 10 will be the key moment for trimming.
IQS Phase
62
ordinary
Signal Strength
79
high · wide move
Sizing
FULL
Ranking
#9 / 65
EU-UK stocks in progress
Trade P&L %
+3.53%
from signal to today
restricted Platinum content