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What is behind the VALE?

VALE S.A. (NYSE:VALE)  
InBeforeYou Updated   
NYSE:VALE   VALE S.A.
Trend Analysis Technical Indicators Moving Averages
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trendanalysis indicator movingaverage
1. Bouncing off the 200 MA on the daily. Pretty wick.
2. Bullish engulfing for the day as well

This one could go either way. Looking forward to seeing it play out.
Trade closed: target reached
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