Rio Tinto Swings HigherRio Tinto plcLSE_DLY:RIOHKCM_GlobalWhat’s Changed? Last Friday, Rio Tinto shares came under renewed selling pressure, slipping below the GBX 6600 mark. However, since the start of the new trading week, the copper producer has managed to recover and is now trading just above resistance at GBX 6788. Primary Scenario In theory, the high of this strong upward move could already be in place. According to our primary scenario, though, we’re allowing for a bit more upside. After that, we expect renewed downward pressure into our Long-Term Entry Range (GBX 4121–GBX 2234).