Chart Watch 2009-02-11
Wednesday, February 11, 2009
RIO - RIO Tinto
As indicated in Chart Watch 2009-02-7, RIO Tinto had potential to break through short term resistance. Today RIO had a strong positive candle above this resistance on above average volume. Target $60, but may fall short in the pulse.
Making Lows
A range of stocks are either testing, or made new lows today. Included in this list are AMP, are ANZ and are WES.
AMP
ANZ
WES - Wesfarmers
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