NYSE:VALE as a junior miner could be reaosnably expected to follow spot gold.
The bottom line is quite simple. With fixed costs to mine gold, VALE can easily
expect to increase its margins when stop gold rises will above the breakeven
on a spreadsheet. The 2H chart shows price has descended into the support of
the long term anchored mean anchored VWAP...
Hello! VALE is in a consolidatory phase, and is set to increase in volatility soon. Going to take a miracle. The current trend is bearish. Time cycles show confluence as October 2023 being the next POI. This is not meant to determine price so much as it is to softly introduce you to a 4-step cycle: Up, retrace, revisit highs, selloff. This is NOT a suggestion of...
Vale S.A., formerly Companhia Vale do Rio Doce is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore and nickel in the world.
VALE is a long-established gold miner with global assets and is well positioned to leverage
rises in spot gold and futures in its overall operations. On the 1H chart, I have added two
sets of VWAP lines and their standard deviations anchored at the beginning of both May and
June. They have similar line trends. Price is crossing over those mean VWAPs a...
I am long on VALE!
there are huge levels within the triangle pattern. this stock moves perfectly between these levels. I estimate in the long term this stock reach $16.2s and break above. the last close is $14.44
we can clearly see a bullish trend on vale, the triangle pattern we have that has last 2 years is nearing completion after which the market will resume the bullish move.
The PEAD projected a bullish outlook for VALE after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.
Chart is self explanatory. If this does not hold or bounce aggressively, save some dry powder for 12ish or below…even with all signs pointing to a massive market crash.
The PEAD projected a bullish outlook for $VALE after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 83.33%.
White lines on the top and bottom are the major range lines. The yellow lines represent swing levels and trends. I placed a pitchfork analysis and you can see VALE is in a long term uptrend. I expect a break to the upside out of the triangle pattern and continue up inside the upward pitchfork. The next swing line, should it break to the upside, would be the next...
