Rio Alto Mining Limited RIOAF

Time to exit?

[yana8]

I think this is setting up like a potential shorting candidate.. junior gold/copper co. in Peru, looks like the downtrend started abot a month ago, lower lows and lower highs, its peers are struggling - same goes for gold and copper prices. It has strong support in $3.60 area but if it's broken - watch out below. I'll be keeping a close eye on it. Sell in May and go away? Probably yes, at least for two months.

https://stockcharts.com/h-sc/ui?s=RIO.TO&p=D&yr=0&mn=6&dy=0&id=p58994816311