Trader_Afrique
Long

Bullish Territory For $VALE

NYSE:VALE   VALE S A
60 0 1
PAPER TRADE - JUST IDEAS & OPINIONS BASED ON MY PERSONAL ANALYSIS

Cup and Handle as well as Kumo breakout suggests that $VALE is in bullish territory at the moment. Future cloud is looking bright. Volume is improving.

Limit oder seating at 3.88 with a tight stop seating inside today's bullish candle just below the Kijun Sen just incase price moves back to test the equilibrium for support.

Target a bit too optimistic - will keep close eye at price action on key levels or exit when price moves back to close below Kijun (whichever comes first or makes sense depending on market conditions at the time)
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