Tesla’s Nickel producerNot to sure how the deal will bode for VALE but looking at the hourly price action I would like to see a close above that POC However zooming out it seems like vale can quickly move higher with little resistance
VALE trade ideas
$VALE - pick up on post earnings declineIn order for this to work, VALE needs to fall after earnings
The plan
1. wait for drop
2. wait for vix on rise
3. buy calls for May
Why May? Because April 19 has sooooo many block/sweep/split calls for $20 strike.
Alternate plan, instead of call options, I would buy commons and gobble up the gains rather than play the options game.
The main point is to wait for the trade to come to you. I think getting in mid $16/share is do-able.
Vale Is Bouncing at the 50-day SMAVale has pulled back following a sharp rally, creating a potential opportunity for global-economy bulls.
The Brazilian metals company ripped more than 80 percent between late-October and early January. Its $19 peak on January 4 was the highest price in almost eight years. VALE then retreated toward $16, and is now bouncing at its 50-day simple moving average (SMA).
Its recent low of $16.09 was also very close its October 2018 high of $16.13. Has old resistance become new support?
Third, stochastics showed a deeply oversold condition in late January, from which VALE is now recovering.
VALE is one of the most liquid names in the relatively obscure materials space. Along with Freeport-McMoRan , it is one of only two metal companies to average at least 100,000 options contracts in the last month.
Overall, this is as much of a macro idea based on the global economy. Covid cases and the U.S. dollar are falling while cyclical sectors like energy and financials are outperforming. Traders who believe these sector trends foreshadow a recovery may consider VALE's pullback an opportunity.
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$Vale Long PlayI have been seeing a lot of unusual options activity for this. Seeing how they have earnings coming up I bought 10 35c for 2023. They have a partnership with Tesla right now and there is huge buy in for the materials market with focus on EVs, Cloud, semi conductors, etc.
VALE Options Plays Post-CorrectionI've identified some price points based on analyst targets and the general trajectory of the industrial metals/commodities supercycle we're in. These LEAPs are attractive given the potential return.
$VALEPT Vale is looking ready for another swing at breaking the $19 resistance set by a monthly trend line.
VALE Bull fractal?Just doing some random charting. noticed the last time we had a close like this, 2 full, equally sized candles on the daily above the local fib level, was before the last big run up from ~10.75-17.
What if?
consolidation faze coming for valebig downtrend resistance, i dont expect vale to dump here but i think it could consolidate for a bit. maybe 2-3 months of sideways then we actually break past resistance and over 20+. paytience will pay! but you have to give this one time. leave a like/follow if you enjoy my ideas <3
One of the best Bullish Bats I have ever seen!This one is a super longterm opportunity, you ask why???
It does not matter which EV company you are investing in the next 5-7 years, they all need Nickel for the batteries of their product and Vale is the biggest Nickel producer in the world..!
IMO: When fundamental does supports the technical, there will be little room for doubt..!
Buy the corrections in this stock for the next 5-7 years..!
$VALE Long into 2021+ Breaking out expect some resistance near 20s but potentially a power run through these levels before coming back down a bit to consolidate NYSE:VALE
$VALE Calls possible +35,000% Returns $VALE PT 44 by 5/06/2021-11/30/2022
Thinking PT 40 by end of Aug
Multi-leg:
1) Calls 25 Mar 19th 2021
Return +1,100%
2) Calls 25 Jun 18th 2021
Return +6,233%
3) Calls 25 Jan 21st 2022
Return +2,271%
VALENickel. Will be needed. As the world races to build energy efficient cars, they will need that juice aka batteries. Going to visit God with this one with how high it will go.
great stock for leap calls! still has some upside here great breakout from small trend channel, congrats to those who enter before the big breakout! one more downtrend coming into play around 20, if this breaks we can see 30+ or even a new all time high in 2021 ! goodluck <3
$VALE Epic! Thinking PT 40 by end of Aug$VALE PT 44 by 5/06/2021-11/30/2022
Thinking PT 40 by end of Aug
Multi-leg:
1) Calls 25 Jun 18th 2021
Return +6,233%
2) Calls 25 Jan 21st 2022
Return +2,271%
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals, Base Metals, and Coal segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and other ferrous products; and provides related logistic services. The Base Metals segment produces and extracts nickel and its by-products, such as copper, gold, silver, cobalt, precious metals, and others. The Coal segment is involved in the extraction of metallurgical and thermal coal; and provides related logistic services. It also offers platinum group metals. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
VALE ON NMVALE ON NM
Our contribution calmed to the highest possible summit and continues to rise to When the resistance line is in contact, it stops dropping until contact is made This line of support must be purchased with good market monitoring The latter also knows very large volumes of buyers and liquidity Find strong
Vale : digging a bit deeper?One of the top mining companies along with BHP and Rio Tinto, #VALE is benefiting from higher than many expected steel prices.
Move up though looks somewhat overstretched by now, formed a divergence with RSi and is not supported by volumes.
A healthy correction to $14,75 (Fibo level) would be logical.
2020 Actual Trade: VALE +34% Profits
Notice 4 month flat top broadening pattern for VALE from July to November
Resistance line was set to 12
VALE quickly ramped up from 11/02 to 11/09 as a reminder that something big was going to happen soon. So, it was the time to prepare and watch the pullback
Shallow pullback 11/13 and 11/16 at 11.5 was a final reminder that VALE was ready to rally above 12
Thus, 11/17 was the perfect timing when VALE crossed 12 line and we got in at 12.57
VALE did excellent by running all the ways for the next month and finished with +34% without looking back.
