Early Hours Recap on RIO, CCJ and CLF
Note to Editors: The Following Is an Investment Opinion Being Issued by the WSA Financial Ltd.

LONDON -- (Marketwire) -- 02/20/13 -- Following a long weekend, U.S. equity market edged higher in Tuesday's trading session. All three benchmark indexes rose after investors digested robust German economic data. A sharp rise in M&A activity has also boosted investors' sentiment. At the end of Tuesday's trading session, our research team took notice of Rio Tinto plc (NYSE: RIO), Cameco Corp. (NYSE: CCJ) and Cliffs Natural Resources Inc. (NYSE: CLF). Wall Street Active research team has completed free research on RIO, CCJ and CLF. As a leading provider of free in depth reports and timely market updates, we invite you to sign up now at


Market Sentiment Bearish on Rio Tinto

Shares of Rio Tinto plc fell marginally in Tuesday's trading session. The stock closed 0.54% lower at $57.46 on volume of 2.03 million, which is in-line with the daily average volume. Market sentiment on Rio Tinto appears to be bearish at the moment. Yesterday, the stock's MACD moved below the signal line, which is a bearish signal. The stock has been struggling to break through $59 resistance level. Recent volume activity further confirms the bearish trend. Rio Tinto's shares currently have support at around $57. Sign up today and get useful insight about RIO for free at


Cameco's Shares Rise Sharply

Shares of Cameco rose sharply in Tuesday's trading session, outperforming the broad market. The stock closed 3.10% higher at $22.28 on above average volume of 1.91 million, which is above the daily average volume of 1.64 million. The sharp rise on substantial volume suggests that the market sentiment has turned bullish on Cameco's shares. This is further confirmed by the stock's daily price chart. Cameco's 50-day moving average recently moved above the 200-day moving average, which is a bullish signal. The stock also broke through $22 resistance level, which further substantiates the bullish trend. Free report on CCJ can be accessed by registering at


Cliffs Natural Resources Shares End Nearly Flat

Cliffs Natural Resources shares ended nearly flat in Tuesday's trading session. The stock closed 0.03% lower at $28.84 on above average volume of 16.41 million. The company's shares fell more than 20% last Wednesday after the company reported its quarterly results. Prior to the sell-off, the stock had been trading in a very tight range. Technical indicators for the stock are still giving strong bearish signals. The stock currently has support at around $28. Register with Wall Street Active and download the research on CLF for free at


Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.

Contact Person:
Ravi S. Kapur
Telecommunication, Information & Data Manager

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here