sapientrade
Long

Setup for advance.

BATS:VALE   VALE S A
172 0 0
Nice entry here. Engage positon, stop -5 percent and ride to adx reversal on upside. target 17-17.25.
August 22.....move in place see present bars on chart. Target higher statistical validity at this point. Watch for DMI             cross and adx reversal for confirmation. Nice medium to long holding. Nov 8 2013 Still in uptrend. Volatile during currency and ore instability. Company still focused and efficient. Hold.
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