Seems to be today pullback is done in VALE.
I think oil is before an epic run in the next 2-3 weeks and VALE is ready to print its next run.
So those who couldn't enter 3 weeks ago it's a great possibilty to enter or add to the position.
I post it before market close so it's possible to enter...
Volume is perfect for the pullback, we are ready to run again...
I will post a few interesting energy stocks which I'm trading.
These are not all in trades, but if you buy just 500 or 1000 shares you can make easily 1000-2000 $ in 2-3 weeks.
If oil is making higher high - I think it will make - then these stocks can also skyrocket.
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...
Go long the VLE if it trades at 4.06 or higher. If triggered, place your stop at 3.44 and exit the position for a profit at 4.48 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
PAPER TRADE - JUST IDEAS & OPINIONS BASED ON MY PERSONAL ANALYSIS
Cup and Handle as well as Kumo breakout suggests that $VALE is in bullish territory at the moment. Future cloud is looking bright. Volume is improving.
Limit oder seating at 3.88 with a tight stop seating inside today's bullish candle just below the Kijun Sen just incase price moves back to test...
New trade idea, BUY VALE here after a 61.8% retracement. Note the previous two pullbacks all reversed at 61.8% to move higher. Note the RSI is also at previous levels of oversold. Also, nice support level bouncing of the 20sma
Go long the VLE if it trades at 3.96 or higher. If triggered, place your stop at 3.57 and exit the position for a profit at 4.24 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
Vale has been in a 4+ year long down trend. The good news is Vale put in a very strong bullish candle two weeks ago on huge volume, the bad news is Vale has followed that up with a reversal candle after failing to take out heavy resistance at the $9 level. Despite these reversal signs, it is possible for Vale to take a bounce to the upper trend channel in the...
