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VALE Overdue for major correction, could see a gap up to $17-$22

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VALE S.A. (NYSE:VALE)  
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NYSE:VALE   VALE S.A.
Trend Analysis VALE trading IDEA
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trendanalysis vale trading idea
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 is my opinion only.
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