Swing trades, Long trades OR Intraday trades opportunity here with VALE showing a break out of its channel. If the market sell-off pushes this down longer, the lower fib will be another window for accumulation. I like the financials, the dividend and the sector of this comapny. Bad news has kept this company down but you cannot hold these galliaths down for too...
Breaking out from under 4month downtrend .
Showing An inverted H&S breakout at 13$.
I think short term this pattern could take us up to 16.30 gap close.
Stop loss 13$
This is a long term opportunity here.. Vale has lost 50% in the last 4months.
Strong support at 11.12.
Monthly fibonacci level + Monthly 100sma are sitting at the same area which makes it a great risk reward here.
If it falls beneath 11$ there's a trendline(Whiteline) support around 9.80 Where I'll Add more if need be
Severely oversold here on the...
We can clearly see that VALE has been on a downtrend for a couple months and given the major support at 10.50 I think that we are set to see a decent rebound. Additionally, it is creepy dangerously towards over sold in the daily as well as weekly views. Financials on this company are AMAZING and I think there is a lot of room to grow here. I'm also dumb, and this...
VALE S.A. must hold the 10-11$ zone as support, then we can see much higher levels in this stock.
VALE also pays around 14% dividends on the current level.
Buy In: 10-11ish $
Stop: 9.50ish $ (one could set a more loose stop because of the dividends)
Tp 1/2: 19$/23$
Vale is the largest producer of iron ore and pellets and the largest nickel producer. Vale also produces copper, coal, copper, manganese, and ferroalloys and holds equity stakes in some steel producers/projects.
P/E:3.55
Dividend Yield: 9.62%
I think at these prices Vale has its own buyers with long-term views and it is very unlikely to see Vale below 10...
I believe, the moment has come to buy this large profitable business at a great price as a long-term investment. At $11.85-12 there is what looks like a very strong support, going back to February 2017.
Now, the P/E is around 3, with no particular debt problems and a hefty net margin of more than 30%. The upcoming decline in the price of iron ore is already priced...
Good morning everyone! Every Thursday morning we highlight our favorite trade setup of the week. This week, we will be taking a look at a High Yield setup in $VALE.
It's been an interesting week of trading, and the kind of price action & news flow that gets you thinking about the bigger picture. Yesterday, we saw this chart, and it got us thinking about the...
vale is on the verge of completing its initial 5 waves down into Wave A.
look to pick it up at $16.80, with a price target for the mean retracement (wave B) at $20.71
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note, corrections come in 3's, so this 5 waves down from the local peak is counted as Wave A, followed by Wave B, and then the final flush for Wave C into the local golden zone.
Once that...
The PEAD projected a Bearish outlook for $VALE after a Positive over reaction following its earnings release placing the stock in drift B
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