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sngyuchao
Jul 6, 2018 6:50 PM

VALE Long Long

VALE S.A.NYSE

Description

Firstly, the big picture.


Now, I believe that VALE has become a long again. But maybe there is a need to split the entry. I can't be sure if there will be a healthy correction for a good entry and thus my suggestion is to enter 1/2 the intended size and if VALE falls, enter the 2nd half; if it burst up strongly, enter on breakout.

Good luck!

Comment

Stop below the (C).
Comments
LDAMATO
Perfect, thank you my friend
LDAMATO
Hello how are you

You think it's good to entry between the 12 - 13 range?

Thank you
sngyuchao
@LDAMATO, Hi, I'm fine! How are you?

Personally that is a good range to enter for me. My stop will be around $12.20. It all depends on your risk :)
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