Companhia Vale do Rio Doce (RIO) - Short
Posted on August 29th, 2007 in Long Trade, Short Trade |
[[RIO]] looks like a short now at 45.04, the target is 41.00. We need to fill that gap up on August 21 at a high of 41.45. Yesterday we could not break the high and we did it on lighter volume then Aug 8. This means not enough buyers versus sellers.
