Ascending rectangle broken with a decent volume level, sell order 9.13; stop loss 9.31; take profit 8.3
Despite the difficult political situacion in Brazil, VALE is bouncing over the support line
If you zoom out you can see the decline that VALE went through - I can imagine that further gains here are very well possible, even just as some sort of reverse to mean / fair value.
After a nice uptrend, Vale has stalled and formed a Head and Shoulders pattern. Notice the volume on the uptrend to the "head", increasing right? But notice after the stock hit support for the second time (after forming the head) the second shoulder move up is rather mixed. Volume tells us a little bit more on moves up rather than moves down. You don't need...
Esperamos la corrección para salir UP desde la zona de los 9.14
If we can break from the pennant bullish, should continue up to next support/resistance level. If it breaks bearish or continues sideways, I will look for a bounce off the 10 or 20 EMA
We got above average volume today on the gap up. Though it's more of a gap and go, I'm looking for it to "fake" a retest of the support/resistance level I have at 8.09 It's likely to retest this level at some point within a week or two max. Hopefully quicker. 2R is just above the next resistance level, but the previous peak had two days in a row that hit the...
- Been swinging Call Options on AKS since week end 11616; Purchased 4 Calls (Strike Price 10.50) on the Market Open Monday AM w/ a Limit Order price of .29. - Averaged down w/ purchase of 6 more Contracts the following day w/ Lower Low (Consolidation) being set in @ limit price of .15. Held position - FED Hike in hopes of a Market/Metals Rally to no avail. - ...
After having gone through my usual routine of screening for high implied volatility rank/high implied volatility underlyings for plays this coming week, one thing stands out: the implied volatility is in petro, with stocks like CHK, SDRL, WFT, PBR and the like rounding out my top 10 IV list.* With OPEC talks approaching here, and "friskiness" in petro-based...
- EMAs crossed suggesting bullish bias; - Price getting out of volatility channel (upside) - Rebound from the 50% retracement; - Robust weekly candle; - Possible ABCD pattern before any sign of reversal; - Stoch is not losing pressure yet.
Dando continuidade a trade fechado ontem, posicionamento em VALE5 esperando correção devido a forte alta do dia anterior. Compra: $15,78 Stop: $15.43 Alvo: $16.39
All indicates Primary Wave 3 is in its early stages for VALE5
brasil > com o dolar despencando , o indice vai da um grande pulo ! boas compras Usa > with the dollar falling, the index goes from a big leap! good long
BRAsil > -com a forte queda do dolar , no dia de hoje ele andou dentro de um tunel , amanha certamente ele entrara em uma forte queda . o REAL esta muito valorizado sobre o dolar . esperamos que o indice suba pelo menos 300 PONTOS USA > -with the sharp decline of the dollar, the day he walked inside a tunnel, tomorrow he certainly entered into a sharp decline....
This study show the possibility ( ceteris paribus ) of BMFBOVESPA:PETR4 loosing another 8.5% (going to R$7.53 level) in the next 16 days based in historical correlation with VALE5 in a one year time-frame. I'll play this doing a Long (VALE5) & Short (PETR4) and buying PETR4 puts.
If you've been paying attention to headlines about Brazil recently, the term "impeachment" seems to be all over the place. But what's really driving prices upwards in the country's stock market? Is it the daily swaying impeachment probability or something else? Today's stock to be analysed is VALE, the Brazilian iron ore producer. The chart's left side is late...