VALED trade ideas
VALE3 sob a ótica de WyckoffSegundo o método de Wyckoff, após um longo "step stone", passa-se à fase E, encaminhando para uma nova bullish trend.
Long Vale for Wave 5 AdvanceVale looks as though it's completing it's 4th Wave decline and should be heading upwards for the 5th Wave.
A Larger Correction Might Be Underway for VALEThe Cycle Wave 5 top (and Supercycle Wave 1 top) was most probably on the week of the 14th of May 2018 (please reffer to related idea).
NYSE:VALE now seems to be on an Intermediate Wave C which is part of the Cycle Wave A down.
If this count is correct we should still expect Intermediate waves B and C.
Only after Cycle Wave C, the last part of Supercycle Wave 2, should we see the hallowed Supercycle Wave 3. \o/
Best idea for now is to step aside from the stock and wait for signs Supercycle Wave 3 is around the corner...
VALE LongFirstly, the big picture.
Now, I believe that VALE has become a long again. But maybe there is a need to split the entry. I can't be sure if there will be a healthy correction for a good entry and thus my suggestion is to enter 1/2 the intended size and if VALE falls, enter the 2nd half; if it burst up strongly, enter on breakout.
Good luck!
go with the fork-new local maximum confirms bullish trend
-to complete extension of wave 5 it have to go to an objective of 15.8
-with a "5 extended" and searching the top of the channel duplicate the objectives will extend to 17.85/24 range
Brazilian strikes (for VALE) - will last for 2 weeks more. I expect Brazilian strikes will last for +/- 2 weeks more. So all local stocks can down more.
Expect VALE to down until $12,8-13,15...
then BUY.
Beware. Might be moment to take some profits.Facing possible resistance here, based on Fib extension.
VALE Long: Elliott Waves 5th of 5thVALE seems to have started it's 5th of 5th wave. As can be seen from the various arrows drawn on the chart, VALE seems to respect the support and resistance horizontal lines.
VALE3 - DIÁRIOVALE 3 - Atualmente na subonda A de Elliott no gráfico diário.
Diário: Na base do canal de longo prazo. Suportes: 40,51 > 40,06 > 39,93 Resistências: 43,34 < 43,75 < 46,80 < 47,60 Onda A início 27/02 onda 1 - onda 5 28/02.
Observa-se formação ombro-cabeça-ombro.
Média exponencial de 5 abaixo da de 50 e 21.
Vale looks solidVale moves quite well and looks solid. 16.50 a final push seems to be perfectly within acceptable levels.
Let's see how it develops.
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.
