- Vale jumps today from level of previous low despite weak Chinese PMI data (on the heels of oil break out). - Name heavily oversold on Chinese fears, plummeting iron ore prices, Brazil uncertainties, etc., selling might be overdone. - Deeply undervalued even with depressed circumstances taken into account. - High risk idea as many part of the equation of Vale is...
Historical trends from the past 2 years shows heavy buying with a ~10-15% run in Vale heading into Ex-Div. The stock price is trading around a multi-year low in the low $12s. It has tested this level and traded higher with strong support multiple times (Jul13, Jan14, Mar14, Jun14). At a current price of ~$12.4 the yield on the semi-annual 10/17/14 dividend will be...
Bullish Gartley Pattern + Rsi Bullish Divergence. I Always set my TAKE PROFIT at the min profit on these trade ideas. OF COURSE YOU COULD TAKE THEM FURTHER THAN THAT. Many different trade management strategies could be used. Do i stick to the min PROFIT TARGET on my personal trades, mostly not!!!!!!! BAMM Trades Should Be Traded No Further Than The Completion...
VALE has broken the pattern and will be a good value investment
Definite resistance between 14.12 and 14.22 from fib level as well as previous resistances. Macd curling up, 50MA could cross 200day moving average soon. So if it clears 14.22 level with some volume definitely a chance of it going way higher.
VALE should be valued between $18 and $25 dollars. Standard & Poors seem to hit it right on the head with a price target of $22. The company has a strong competitive advantage versus peers, however lacks diversification compared to the industry leader, BHP. The market has priced in multiple risks associated with VALE: Taxation: Corporate taxes are 34%, with...
High capex is covering up current free cash flow, therefore the 6% dividend yield is safe for yield-seekers. The company has also beat top line analyst estimates for the year by a decent margin, as well as the bottom line. In the last ER, they missed on EPS due to continued increased expenses (via expansion projects), where we saw a dip in share price (likely...