VALE trade ideas
Undervalued and Extremely Bullish StockHey guys, I'm back to report on this new stock that I found and I'm loving it right now.
The name of the company is Vale, they're steel manufacturers. This company has had fantastic earnings growth and is still undervalued with only a 5 ev/ebitda still!
Their stock got beat down all the way to $2 a share but they have made an amazing comeback, obtaining around 600% in two years. All the indicators point towards bullish with a nice little profit target of around $17 a share (Range of 16.50-17.50). This target obviously depends on earnings coming out soon and although I can't give a specific time frame, I know that a 20% minimum target really helps improve my likelihood of investing in it.
It's important to use more than technical analysis when investing. Although I love to use technical analysis, I don't just look at any stock and hope that it works out. Using technical analysis EXCLUSIVELY is like a pitcher who only throws a fastball; doesn't matter how good it is, eventually, some batter is gonna come up and bite you in the ass with a homer. Value investing is a fantastic tool and technical analysis helps make sure that you don't invest too early when value investing (Which I think is the biggest flaw of just using value investing)! So I absolutely recommend you guys broaden your repertoire to help increase confirmation of stock setups!
I think this company is set up for some good things here, but don't invest before earnings in 8 days. Way too risky of a move.
Any questions? Leave a comment down below.
#VALE $VALE #StockVALE looks good on the daily chart. trend is up and rising angle. all the indicators look good.
Weekly
those indicators look sooooo good. all pointing up. trend is up with rising trend angle.
monthly
look at those indicators. they all look so good. trend is up.
$VALE over-extended - shortVALE over-extended trading well above the 200 day moving average with significant PUT open interest. Rejected from the 1.618 fib line last week. Expecting a correction back to $11.70 support in the medium term.
Vale Holding Up Well in a Tough MarketVale is currently benefiting from the rise in iron and copper ore over the last several months. The stock broke out back on 12/20 and ripped higher for weeks until the recent market volatility caught hold of it. However, even as the market as tanked Vale has held up relatively well, ~4.6% vs. ~8.8% drop for the S&P500. Look for the stock to shoot higher is the market turns positive in coming weeks, however not much can survive the carnage we have seen lately.
Bullish Gold Futures = Mining Companies (#9 VALE)Past support becomes resistance and now becomes support again around the 12.00 level more or less this is not about being right in millimeters an all
The point is that now the price broke a resistance level and looks strong but is good to wait for a pullback for entry at a more better price around 12.00 or 12.20 or whatever you want
Wait for a pullback for all my ideas!
I'm not publish a stock symbol twice.
Vale, a perfect cup and handle patternOver the last 1200 days, Vale has drawn a perfect cup and handle pattern over 1200 days. We now wait for the beakout of the cup and handle neck to validate the emergence of a bullish trend. Potential of the bullish growth is over 70%
VALE Planteamos hipotesis alcista en VALE siempre y cuando cierre la semana por arriba de los 11,7 usd. Objetivo desde lo tecnico los 16,5 usd por figura de triangulo ascendente y linea de tendencia principal. MACD en velas semanales y RSI apoyando la hipotesis alcista. Veremos que dice el mercado.
(nunca considerar como recomendacion de compra/venta de activos)
Seguinos en Twitter para mas analisis> twitter.com
VALEExpect a retest of previous structure before we attack higher structures.
Conservative r/r on chart.
OCO em Vale3Venda de Vale3 utilizando compra à seco de VALEW70, Strike 30,73.
Stop no Pó.
Sem mais...
Análise Vale 29/09/17Analisando o gráfico identificamos a possível formação de uma LTB onde mantendo-se válida ela irá testar os suportes em 31,10 e 30,50 e caso estes sejam rompidos ela buscará um novo suporte em 28,40. Caso haja o rompimento da LTB ela terá uma resistência em 32,60, onde se confirmada a quebra da LTB ela testará a resistência em 34,90 e caso continue com força irá buscar a máxima de curto prazo em 36,90.
Short VALEMajor sell signals as monthly break out failed as noted on the chart, as mentioned, the break line in WTIC monthly is at RSI 50,
will take a lot of momentum to break through that level, when it does look for a spike in oil stocks.
Possible double top patternWait for confirmation if this is a double top or may be an ascending triangle in formation
VALE Nyse: TRIPLE BEARISH PATERNA SORT TERM (4 HOUR TIME FRAME) HIGH POTENTIAL, BACK TESTED SORT ANALYSIS.
A BEARISH PATTERN SPOTTED INCLUDING THE FOLLOWING:
1) EMA (20) CROSSING FOR BEARISH MOVEMENT.
2) DOUBLE TOPS DIVERGED TO CCI OSCILLATOR FOR BEARISH MOVEMENT.
3) TRENDING CHANNELS LINES BREAKOUTS.
4) CCI CROSSING DOWN THE ZERO LEVEL.
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
VALE Bullish Seasonality From August 30 Until September 21Bullish Seasonality From August 30 Until September 21 NYSE:VALE
Trend Continuation vs. H&S
The longterm uptrend is still in dominant.
At present we have reached an interesting trading Point:
After kissing the longterm trendline, Vale could break it`s midterm downtrend. So the bullish mood can be continued if the level 9,25 could be overcomed. Above that level a test of the high at 12 could be aimed.
If this level could not be overcomed, i se the danger of forming a H&S
1. Idea Long:
2. Idea short: anticyclical shortscalp
3. Procyclical short with stoppsell
Wach the RSI..he is sgnalizing an overbought situation
VALE3 Possibe Upward Channel.In the next few days we will see Vale3 possible surpassing the resistance line and following the upward trend line. The opposite will occur if the value fall beyond the trend line, indicating a downfall until the support line.
Ascending rectangle on ValeAscending rectangle broken with a decent volume level, sell order 9.13; stop loss 9.31; take profit 8.3
