Hi guys and thanks so much for all your input. Sorry for late reply. Yeah when I looked at chart I wasn't compelled to buy it atm but thought I would double check with some better TA brains than mine, and good that everyone of the same mind.
It was just the fact that Madamswer was actually buying RIO which made me take interest as he/she is normally not interested in mining companies.
I am looking for a longer term hold for our SMSF account, any other suggestions would be very welcome!
Will be keeping it on the watchlist for now. Along with WPL.