It is a positive technical indicator for the resource sector outlook, that over the last week RIO has generated a technical buy signal, and BHP generated a...

Angela Mangan

QMG Pty Ltd

It is a positive technical indicator for the resource sector outlook, that over the last week RIO has generated a technical buy signal, and BHP generated a secondary technical buy signal. (The pullback in these share prices over recent days has not altered this positive view). The copper and nickel prices have the potential to generate technical buy signals, but to complete the required base forming process, a further rally needs to occur


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Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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