XVALO trade ideas
VALE: Uber Bullish setup for 2022, 40+Vale has a very bullish 1-2, 1-2 set up right now. This stock should reach at least the $40 level by Q4 2022 or Q1 2023 because that is where the 1.382 - 1.618 fibonacci extensions project to, which are the standard targets for a W-3. This count matches up well with the broader economic themes for 2022 of inflation, a weakening dollar, and increased investment in emerging markets. I have a large position in Vale.
$VALE long ideaVale is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore and nickel in the world. (Yahoo Finance)
Commodities have been running hot this year due to inflation reports and geopolitical tensions; Nickel alone moved over 600% in a week but has since then retraced the entire move since LME had to adjust margin levels to save a short seller from imploding his firm.
The technicals show a long cup and handle that goes back to September of 2021. We are in the cup right now with breakout levels above 21.
Targets are suggested by Long Call Options which we are able to see in flow. Flow suggests targets of 22, 24 and 25 by September. RSI looks good as there has been plenty of pullbacks during this rally.
OptionsSwing Analyst
Daniel Betancourt
VALEVale SA (Vale) is a metal and mining company. It produces and exports iron ore and pellets, nickel, copper, manganese ore, ferroalloys, metallurgical and thermal coal, copper and cobalt. The company also produces platinum-group metals (PGMs) and other precious metals such as gold and silver.
This is not an investment recommendation
Is VALE a good long term investment despite its year goal price?I am rather new to investing so my apologies if I sound un-educated but I am looking into VALE and am noticing that it is following a trend-line that is going in a positive direction that looks like it is going to break 20 within the next few months. With that being said, the one year price target is set at $18.88 per share so is this hinting that there might be a sudden decline regardless of the positive signs it is giving?
VALE @ Crispy Potato26/02/22
THE FORECAST FOR WEEK 1 MARCH 2022 IS = BULL
COMBINED FORECAST FOR MARCH 2022 = BULL (unanimously Bull)
DAYS
WEEK 4 OF FEB FORECAST WAS = NOT ASSESSMENT COMPLETED
PROBABILITY OF DAYS FOR WEEK 1 MARCH = BULL
This week the retracement was completed. Opening Mon-Wed the candles were small and insignificant, running the retracement through its process. Thursday the retracement end corrected with a Bull candle and significantly increased volume. Friday followed another Bull candle. Open was at 50% of the previous day, no tail the candle remained Bull all day, and finished with little to no tail on top. A strong finish for this setup the following week.
OBV is in alignment.
WEEK
WEEK 4 OF FEB FORECAST WAS = NO ASSESSMENT COMPLETED
PROBABILITY FOR WEEK 1 MARCH = BULL
This week was Bull with a tail to the bottom. The candle body was similar to the previous 2 weeks. Volume has picked up from last week. This candle, along with two weeks ago, sends a strong signal to Bears, the Bulls hold the power of play. The next resistance points begin around $19 and up to $21. It is probable this stock will rally up to around this point with little objection.
MONTH
FORECAST IN JAN FOR FEB = NO ASSESSMENT COMPLETED
FORECAST IN FEB FOR MARCH = BULL
The third Bull candle three months in a row, a strong Bull influence. Each month increases in candle body size. Volume is above average. The OBV interestingly is not in alignment, it is sideways with a slightly downward motion. Another note is the rallies are steep, steep rallies tend to create steep retracements = volatility. Also note, this stock does tend to tolerate longer steep rallies. The probability of a Bull March is higher than a Bear
$VALE VALE S.A Potential Channel Break
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2022 will be a good year for nickel & EVsVALE, a nickel mining company supported by ELON MUSK, is currently at a BATTLEZONE of bulls & bears.
Unsurprisingly, this is happening just around the median line of the pitchfork w/c also coincides with the 0.50 to 0.618 FIBONACCI retracement zone.
I think the bulls will win in 2022 & more upside to come. Wave 3 of 3 shall then continue. EVs NEED NICKEL.
Just my analysis & not financial advice.
$VALE Trader Vic says Go LongBased on Trader's Vic book "Methods of a Wall Street Master" (highly recommend) , VALE has now started an uptrend. See my post on PLBY very similar, was a great trade, I'm hoping for the same here ... of course I could be completely wrong RESPECT STOP LOSS . Market has been TOUGH lately. I have a STARTER position of commons.
Things that appear good from a technical perspective :
- Broke out of down trend (for now) , appears to be starting trend up
- EMAs turning up with 8EMA crossing 50EMA now
- Nice VP gap at $14.8 , if it breaks this I will go FULL position
- MOMO and RSI bullish confluence
- Trading above 50ema now and holding
Again, respect the stop loss
Near Term PT $14.8 with a BULLISH PT upon resistance break of $18
VALE - Taking off its Veil to reveal a long oversold conditionSwing trades, Long trades OR Intraday trades opportunity here with VALE showing a break out of its channel. If the market sell-off pushes this down longer, the lower fib will be another window for accumulation. I like the financials, the dividend and the sector of this comapny. Bad news has kept this company down but you cannot hold these galliaths down for too long.
The long term cycle analysis seems to provide some substantiation along with MACD.
Good luck all!
Vale buying opportunity This is a long term opportunity here.. Vale has lost 50% in the last 4months.
Strong support at 11.12.
Monthly fibonacci level + Monthly 100sma are sitting at the same area which makes it a great risk reward here.
If it falls beneath 11$ there's a trendline(Whiteline) support around 9.80 Where I'll Add more if need be
Severely oversold here on the weekly and daily oscillators.
VALE Overdue for major correction, could see a gap up to $17-$22We 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.