4Wk·

Where are we going with rio?

$RIO (+2.09%) where do you see rio tinto in the long term? It's currently more of a downhill slide, my EK is €53, the next tranche will be at €50 and then at €45

4 Comments

Florian K.@Kauli

4Wk

Definitely higher in the long term than today. I find the range between €45 and €50 very attractive.

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jkbsmn92@jkbsmn92

4Wk

Hopefully downhill :)

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Show answer

Ruben Schoff@Sand

4Wk

I assume that a bottom will soon form in the 52 euro range, buy my 2nd tranche today and see a worst case uz zone at 43, where tranche 3 may follow.
Raw materials are always needed, I also like the purchase of the lithium producer, it will pay off in the medium term.

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