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Companhia Vale do Rio Doce Trades at All-time High

Companhia Vale do Rio Doce (RIO), a Brazilian-based metals and mining company, is on the third stage of a price upside. The current upside is very steep and will be difficult to sustain.

Buy this stock only on significant price dips.


Click on the blue chart to the right to see more information about RIO.


Related Articles:

buyupside.com BRIC (Brazil, Russia, India and China) Portfolio Faces Resistance
Metal Mining Stocks
Price Patterns - Resistance Levels Are Barriers to Price Upsides
Price Upsides Often Occur in Three Stages


Posted May 10, 2007.



 

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