Rio Tinto PlcLong
$RIO Long Term H&S - Unusual Bullish Options Activity
RIO Long Term H&S formed on Monthly Chart- Watch for breakout and close above ~$60.70 resistance level in coming days/weeks
Target - $75.00 by August
Unusual Bullish Options Activity
- 160M worth of near term call options traded today with March 15th / April 18th expirations (majority deep ITM). Will confirm positions tomorrow with updated OI numbers.
Note: Informational analysis, not investment advice.
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