Vale has a very bullish 1-2, 1-2 set up right now. This stock should reach at least the $40 level by Q4 2022 or Q1 2023 because that is where the 1.382 - 1.618 fibonacci extensions project to, which are the standard targets for a W-3. This count matches up well with the broader economic themes for 2022 of inflation, a weakening dollar, and increased investment in...
Vale 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. (Yahoo Finance)
Commodities have been running hot this year due to inflation reports and geopolitical tensions; Nickel alone moved over 600% in a week but has since then...
Vale SA (Vale) is a metal and mining company. It produces and exports iron ore and pellets, nickel, copper, manganese ore, ferroalloys, metallurgical and thermal coal, copper and cobalt. The company also produces platinum-group metals (PGMs) and other precious metals such as gold and silver.
This is not an investment recommendation
The PEAD projected a Bullish outlook for $VALE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
Hot commodity right now. Big for EV’s. Looks like it’s looking to retest that recent $23 resistance level. Another flag breakout repeats, it would bring us right up to that level.
PT $23
I am rather new to investing so my apologies if I sound un-educated but I am looking into VALE and am noticing that it is following a trend-line that is going in a positive direction that looks like it is going to break 20 within the next few months. With that being said, the one year price target is set at $18.88 per share so is this hinting that there might be a...
26/02/22
THE FORECAST FOR WEEK 1 MARCH 2022 IS = BULL
COMBINED FORECAST FOR MARCH 2022 = BULL (unanimously Bull)
DAYS
WEEK 4 OF FEB FORECAST WAS = NOT ASSESSMENT COMPLETED
PROBABILITY OF DAYS FOR WEEK 1 MARCH = BULL
This week the retracement was completed. Opening Mon-Wed the candles were small and insignificant, running the retracement through its process....
Momentum continues to the upside on Vale as watched for. Swing trader in me is watching the 15.00 and 15.72 which are levels confirmed by FIB confluence. YOU are always responsible for your own P&L so taking profit will always be up to you.
Happy trading to all!
On the monthly we get a nice triangle pattern, we also got a ~90% correction from ATH, break-out is confirmed and there are high dividend yields... :-)
Vale is a nice high dividend that will have a great deal more demand for electric vehicle batteries and home battery storage systems among many other forms of electrification.
I like it short and long term
Trendline break
Support/resistance
Entry 12.35
Stop 11.5
Target 16
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
made a cup and handle pattern
breakout just above the strong level
after consolidation in a narrow channel
also just above ma/s, room to go
Also - value stock, and -2022 is about rotation from techs to value
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
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VALE, a nickel mining company supported by ELON MUSK, is currently at a BATTLEZONE of bulls & bears.
Unsurprisingly, this is happening just around the median line of the pitchfork w/c also coincides with the 0.50 to 0.618 FIBONACCI retracement zone.
I think the bulls will win in 2022 & more upside to come. Wave 3 of 3 shall then continue. EVs NEED NICKEL.
Just my...
Based on Trader's Vic book "Methods of a Wall Street Master" (highly recommend) , VALE has now started an uptrend. See my post on PLBY very similar, was a great trade, I'm hoping for the same here ... of course I could be completely wrong RESPECT STOP LOSS . Market has been TOUGH lately. I have a STARTER position of commons.
Things that appear good from a...
MACD bullish cross, expected jump to next resistance level at 14.85 then momentum should carry price action to higher resistance of 16.75. Going long on VALE calls here.
