sngyuchao

VALE Long: Elliott Waves 5th of 5th

Long
sngyuchao Updated   
NYSE:VALE   VALE S.A.
VALE seems to have started it's 5th of 5th wave. As can be seen from the various arrows drawn on the chart, VALE seems to respect the support and resistance horizontal lines.
Trade closed: target reached:
I can see a 5 waves up for AROC. Today there is strong selling after the high. Target reached.

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