pennies to thousands above cloudgap up see our book for playing this stoc crossed rbi good cci and percent r upper range weekly cloud about dollar aboveLongby penniestothousands0
Simple Trading Techniques – Pullback Candlestick Strategy Go long the VLE if it trades at 4.06 or higher. If triggered, place your stop at 3.44 and exit the position for a profit at 4.48 or at your own discretion. (Signals are valid for today only. Always invest wisely). Learn the rules of this strategy at: www.udemy.com Longby SimpleTradingTechniques0
Bullish Territory For $VALEPAPER TRADE - JUST IDEAS & OPINIONS BASED ON MY PERSONAL ANALYSIS Cup and Handle as well as Kumo breakout suggests that $VALE is in bullish territory at the moment. Future cloud is looking bright. Volume is improving. Limit oder seating at 3.88 with a tight stop seating inside today's bullish candle just below the Kijun Sen just incase price moves back to test the equilibrium for support. Target a bit too optimistic - will keep close eye at price action on key levels or exit when price moves back to close below Kijun (whichever comes first or makes sense depending on market conditions at the time) Longby Trader_Afrique1
VALENew trade idea, BUY VALE here after a 61.8% retracement. Note the previous two pullbacks all reversed at 61.8% to move higher. Note the RSI is also at previous levels of oversold. Also, nice support level bouncing of the 20smaLongby bhowe1
Simple Trading Techniques – Pullback Candlestick Strategy Go long the VLE if it trades at 3.96 or higher. If triggered, place your stop at 3.57 and exit the position for a profit at 4.24 or at your own discretion. (Signals are valid for today only. Always invest wisely). Learn the rules of this strategy at: www.udemy.com Longby SimpleTradingTechniques1
bullish divergences in long termboth bullish divergences in monthly macd and monthly RSI (in gestation) the price move in a bearish chanel since 2013 and is nearly to broke upLongby Fernando_MartinRey1
Vale:The Wait and See ApproachVale has been in a 4+ year long down trend. The good news is Vale put in a very strong bullish candle two weeks ago on huge volume, the bad news is Vale has followed that up with a reversal candle after failing to take out heavy resistance at the $9 level. Despite these reversal signs, it is possible for Vale to take a bounce to the upper trend channel in the $10-12 range which would set up an excellent shorting opportunity. Ideally I would like to see Vale close above $9 or at least make a very strong move towards $9 by the end of this week. On the other side of the trade, a close near or below $8 for the week would show a great deal of weakness and could be setting up for a drop to the $6 level. So to recap: A close above 9 we can look higher, a close below 8 we look lower. What should I analyze next? PM me or leave a comment below!by Ape554
Giant double-bottom forming in VALE- 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 still very vulnerable, but promises reasonable profit potential. - Double bottom is only confirmed when price breaks through neckline around 8.6-8.7. First stop might be there as well, possible break out then might bring it above 10.Longby somi_andras1
Long Vale into 10/17/14 Ex-DivHistorical 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 roughly +3.3%. Fundamentally Vale is trading at a depressed multiple with a iron ore trading at a 5-Yr low. Morgan Stanley forecasts a rally in the final quarter which follows a similar prediction last week from Vale (VALE +0.8%), the world’s largest supplier, which said prices may be poised for a rebound to as much as $100/ton by year-end because of declining inventory at ports (seekingalpha.com). Update 9/15: Vale announces partnership with Cosco which will lead to lower shipping and overall costs in China. For two years, Vale SA's Valemax mega-ships - designed to cut the costs of transporting iron ore to China - have not been allowed to dock at Chinese ports, stalling the miner's $4 billion strategy. But the argument is now moot because Vale on Friday announced a deal with Cosco, and analysts forecast the Valemax ships will soon be docking in China. If they are right, it will mark a long-awaited breakthrough for Vale, allowing it to better compete with Australian rivals BHP Billiton Ltd and Rio Tinto Ltd (mobile.reuters.com) Update 9/16: Vale to Benefit From Tax Credit Given by Brazil’s Mantega. The government will give a tax credit of 9 percent of earnings abroad to all Brazilian industrial companies, including miners such as Vale SA. (www.bloomberg.com) ***Investing/trading in Vale since 2013. Entered new long position at $12.6 and accumulated through the low of $12.10. Expecting to close the position in a couple weeks between $13.5 - $14. I might look to short Vale heading into earnings on 10/30 if between $14 - $14.5 in the middle of October. Short trade would be based on historical trend following the dividend payout/heading into ER, as well as the faster than anticipated decline in iron ore price this quarter.***Longby the_GOAT111
Bullish Gartley Pattern + Rsi Bullish DivergenceBullish 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 Point Of The Pattern In Question.......Longby DonkeyTrades220
Many bullish scenarios could develop for VALEDefinite 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.Longby showstopper0
$VALEPotential SHARK notes on chart. The A-C relationship can go as low as 1.618 (which Is not noted here. Tight stop if trying long - around 12.75by KLang3
Long term value investmentVALE 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 double taxation on outside factors. Emerging Market: VALE is located in Brazil, and is therefore is a target of bias. Inflation remains around 5-6%. Volatility: EPS and revenues are volatile due to supply/demand of commodities, and overall pricing (i.e. China). However iron ore prices are unlikely to drop below $90 for an extended period of time. Summary: VALE will continue to remain an industry leader. Their break-even for iron ore is $75 against the $100+ price. I created a position at $12.40 (50k) on Friday and will grow my position provided the broader market experiences enhanced selling or a correction. Short term fears could also drop their market cap closer to $60 billion, which would be a steal. Price target of $18 min, $24 max (time interval is 1-2 years). Longby Tech_time11118
Deep value play with VALEHigh 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 corresponding to continued short term nervousness). Iron ore prices have stayed between $100-185 for the last 4 years, and should not plummet significantly as the global economy continues to recover. Analysts, however, are concerned about slowing infrastructure, but GS contends that construction will stabilize, especially in China (VALE's primary source of revenue). Brazil taxation issues are also being settled, and losses are finally being cleared out of the way. With that said, VALE should reflect stronger earnings power going forward and this comparative industry discount gap should close relatively soon. MS and JPM have also boosted their price closer to $17, while Standard & Poors maintains their $22 target. Holding a position at $13, I am issuing a risk/reward of 1:2, with virtually no downside for the long term holder. Longby Skull_Trader11
VALEI went long near the PRZ of the previous Harmonic pattern. Here's what I'm expecting next. by KLang664