VALE3 trade ideas
Vale Could Be Breaking OutBrazilian mining stock Vale has lost about one-third of its value since the spring, but now it could be showing signs of a potential turnaround.
The first pattern on today’s chart is the falling trendline along the highs of April and June. VALE broke that resistance early this month and bounced above it last week.
Second, you have a low in mid-July, a lower low in early September and a higher low in late September. Together, those have produced a basing pattern.
Third, prices have managed to turn the 50-day simple moving average (SMA) higher. It initially proved resistance in August and September, but the most recent bounce occurred at the same line. Is intermediate-term direction changing?
Next, last week had a bullish inside candle on the weekly chart.
Fifth, the 8-day exponential moving average (EMA) is back above the 21-day EMA. (This chart includes our 2 MA Ratio custom script.)
Finally, VALE has a new catalyst after saying on Friday it may spin off its copper and nickel divisions into a new company. That would separate the faster-growing metals (with green-energy links) from slower-growing iron ore. Could that excitement boost interest in a company trading for less than 5 times earnings (with a 20 percent dividend yield)?
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'Financed Vertical' for 3/17/23 Expiration$VALE
Financed Vertical for 3/17/23 Expiration.
While we all wait to see which way the wind is blowing.
This would be an idea that would probably be best served using margin in a trading account for collateral, (as opposed to using $1,200 in cash).
$20 short call
$16 long call
---{share price: $14.42}---
$12 short put
$408 max profit @ share price >$20 at exp.
Credit of $9 (or so) at order execution.
Breakeven @ $11.91 at exp.
VALE-Impending Breakout (WEEKLY)VALE has been consolidating for almost 3 months at a previous resistance. Now its preparing for a possible double bottom with a bullish divergence on both the RSI and MACD on the WEEKLY with higher relative volume over the past two weeks. VALE also has one of the highest open interests in the entire market especially for the OCT21 14,15 and 20 Dollar Calls. Yes, calls. An unusual sign considering the market has been selling off sharply. When the market reverses I expect this to go back to its next resistance of $18. This is one of my favorite setups to trade and offers fantastic risk to reward when entered properly. There is no entry yet as the timeline for the consolidation stage is still unknown. Entry will be a breakout at the $14.50. Also look for breakout occurring with strength returning to the broader market for the incoming boucne.
Vale and the nickel play contracts with telsa for nickel supply and other larger companies should be a solid 4th qtr for vale. looking for about $15.50 to take profits on the oct 21 contracts.
Buy $VALE - NRPicks 05 AgoVale S.A., produces and sells iron ore and iron ore pellets for use as raw materials in the manufacture of steel in Brazil and internationally. The company operates through the Ferrous Minerals and Basic Metals segments.
$VALE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $VALE after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 55.56%.
VALE: Ascending Broadening Wedge A bearish looking pattern amidst heavy inflation and stressful geopolitical turmoil.
Hitting resistance to head downward. This will eventually present a nice buying opportunity. Prescious metals will not stop being needed (even and sometimes especially during war times, too).
Best of luck all.
short @ toptest
test
test
might be top already, if not short at 18-20
MA's could push down 17.65 R around 1hr lvl
$VALE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $VALE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
$VALE handle$VALE might bounce off the 200 MA line, could possibly be near support of the handle formation of a cup & handle
VALE ShortVALE looks like a short to me here. Three drives of bearish divergence on the 4hr MACD and daily RSI divergence. I could also argue for the MACD bearish divergence on the daily too. Throw in a potential bearish abandoned baby and I'm taking a short here at $20.52. Not quite a 3 to 1 reward to risk ratio, but it's close enough for me.
LongVale has formed HH & is likely to form LH indicated by 3 candlesticks in the red circle indicating the direction of the downtrend.
18.20 is likely to be the strongest support, and probably will bounce. On the other hand, the RSI indicator is approaching oversold.
disclaimer on
VALE: Sell Zone is 26-27Vale has an ideal 1-2, 1-2 setup. The next move, Wave 3, should be powerful and fast.
Vale S.A. loosing steamVale S.A. is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale, formerly Companhia Vale do Rio Doce, is the largest producer of iron ore and nickel in the world
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
Brazil fever ... indicators for better entries and exits Brazil fever ... indicators for better entries and exits
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
$VALE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $VALE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
VALE flag break round #2Hot commodity right now. Big for EV’s. Looks like it’s looking to retest that recent $23 resistance level. Another flag breakout repeats, it would bring us right up to that level.
PT $23
VALE Buy H4 trend followingBuy it on one of the green zone of price / RSI.
The price is about to bounce back from the moving averages.
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?
