flavio.arruda
Short

Today's closing will be definitive for VALE5

BMFBOVESPA:VALE5   VALE S.A.
11 months ago
If VALE fails to closes above the R$16.10 mark than it will start a major correction targeting R$12.00.
I´ll buy a PUT Spread at the end of the day(+VALEQ62/-VALEQ60) if it fails to close this mark till 3h30PM.

Today VALE5             will report their first quarter production. The market expects a record break, but this is already in the price, as may be seen in the chart.
11 months ago
Comment: Adding trade details.
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