arelkin

$VALE - Setting Up to Test Multi-Year Channel Resistance

NYSE:VALE   VALE S.A. AMERICAN DEPOSITARY SHARES EACH REPRESENTING ONE COMMON SHARE
51 0 0
VALE is coming off a nice bounce off of a double bottom and now looks to test heavy resistance including channel resistance. Could send the stock on an upward trajectory to test multi-year highs very quickly. Levels to watch: $14.57, $14.85
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