VALE LONGGGGthis stock will boom up to 50% higher, with earnings coming tomorrow i think it should act as a trigger to this consolidation, it might touch 10.11$ - 9.92 at most before reversing back up
heavily buying this correction
VALE3F trade ideas
VALE
retraced as expected to 10.85, looking extremely bullish on the weekly and monthly charts. locking in 12% dividend at current rate with a P/E ratio at 5, this stock is a steal
Vale S.A. is riding the wave of optimism as the Brazilian stockVale S.A. is riding the wave of optimism as the Brazilian stock market rebounds, buoyed by China's economic stimulus and rising iron ore prices.
Vale S.A. has emerged as a frontrunner in the recent upswing of the Brazilian stock market, with shares soaring over 4.5% thanks to an increase in iron ore prices driven by renewed demand from China.
As the world's largest iron ore exporter, Vale stands to benefit significantly from China's stimulus measures aimed at revitalizing its economy. This positive momentum underscores Vale's vital role in Brazil's economy, reflecting broader trends in the commodities sector and showcasing investor confidence in the company's future performance amid ongoing global challenges.
Rewards
Price-To-Earnings ratio (5.3x) is below the BR market (9.9x)
Trading at good value compared to peers and industry
Analysts in good agreement that stock price will rise by 29%
Risk Analysis
Earnings are forecast to decline by an average of 4.8% per year for the next 3 years
Dividend of 11.58% is not well covered by free cash flows
Vale trend downVale the biggest brazilian iron ore company is showing a big weakness mainly due to slow down in the chinese economy, for moment its sell
$9.70 for new support and possible bottom?Support around $9
I am long on Vale.
Please point out any mistake on drawings.
$9.70 for new support and possible bottom?Support around $9
I am long on Vale.
Please point out any mistake on drawings.
$VALE looks like a good longQuite a big timeframe. building support at this level. RSI/momentum looks like it can easily pull us up. Nice easy stop location. What do you think?
The stock (VALE S.A.) Analysis
1. Price Range and Trends:
The stock (VALE S.A.) has been in a downtrend since early 2024, falling from highs around $15.50 to current levels near $11.20. There's a clear long-term downtrend, but we're seeing signs of potential reversal.
2. Support and Resistance Levels:
- Strong resistance: $13.04
- Key support: $11.20
- Secondary support: $11.00
- Potential resistance: $12.61
3. Recent Price Action:
The price has recently found support around $11.20-$11.24, forming a potential bottom. This level has held multiple times, suggesting it's a strong support zone.
4. Buy Point and Take Profit:
The chart indicates a "Buy Point" around the current price levels ($11.20-$11.24) and a "Take Profit" target near $12.61.
5. Potential Trade Setup:
Based on the chart, a long (buy) position could be considered with the following parameters:
- Entry: $11.20-$11.24
- Stop Loss: Below $11.00
- Take Profit: $12.61-$13.04
6. Risk/Reward Ratio:
Assuming an entry at $11.24, stop loss at $10.95, and take profit at $12.61:
- Risk per share: $0.29
- Potential reward per share: $1.37
- Risk/Reward ratio: approximately 1:4.7, which is favorable
7. Volume Analysis:
Without clear volume data, it's difficult to confirm the strength of the potential reversal. Ideally, we'd want to see increasing volume on up days to confirm buying pressure.
8. Timeframe:
This setup appears to be targeting a medium-term trade, potentially over several weeks to months.
Risks and Considerations:
1. The overall trend is still bearish, so we're trading against the main trend.
2. There's potential resistance at $12.61 before reaching the main take profit level.
3. Lack of volume data makes it harder to confirm the strength of the potential reversal.
Conclusion:
The chart suggests a potential buying opportunity at current levels, with a favorable risk/reward ratio. However, traders should be cautious due to the overall bearish trend and confirm the reversal with additional indicators and volume analysis before entering a position. It's crucial to adhere to strict risk management practices, given the stock's volatile nature and the uncertain market conditions.
VALE Options Ahead of EarningsAnalyzing the options chain and the chart patterns of VALE prior to the earnings report this week,
I would consider purchasing the 12usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $0.79.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Support until dieMining Companies discount based on FEF prices. Support area where we can find good opportunities for Long position.
VALE at weekly supportConsidering the iron ore price, the company's valuation (and it's historic) and the chart support between $11~$12, I'm longing it. Main target between $15~$17.
VALE is just hanging togetherVale S .A. (VALE), one of the largest producers of iron ore, recently posted controversial financial results. On the one hand, the company was more than successful in executing its strategy, largely led by record iron ore prices (a 22% increase YoY in Q4 2023). Both revenue and EBITDA exceeded consensus estimates, however, EPS was a large miss.
Vale’s adjusted net earnings have been thwarted by the increase in provision for environmental settlements. Brazilian company reported a 35% drop in fourth-quarter net income, missing analysts' expectations due to a 40% increase in provision for environmental settlements totaling $4.21 bn from $3 bn announced previously. This will have a devastating effect on the company’s FCF in the coming quarters.
VALE stock is notches towards the lower end of the support channel, bringing hopes of a rise in stock prices. The stock price, however, is subject to fluctuations in iron ore pricing, which has recently hit 3-year high, while the stock price has been in a downtrend since 2021. A further slump in iron ore prices could thus trigger VALE selloff.
VALE Wedge I have been tracking this Vale wedge for a long time and I have been averaging into this stock all last year, I continue to add to my position. Vale is a play on iron with a huge capacity for revenue and increased earnings. The dividend is strong and the upside potential for this wedge is substantial. At some point during the green box I expect a huge move to the upside or downside. My target is 24$ at the fib, but we will see.
Vale longCiao,
nice looking consolidation for Vale. Premarket is showing weakness, but I'm hoping to get back to the zone and trade LONG.
We shall see, but I like the setup here.
-Arnold
HG and VALEHG and Vale tandem in the same direction as showed in the video.
Please see video for exact points and explanation.
Thank you.
📈💹 Vale (VALE) Investment Overview 🌐🇧🇷
📈💹 Vale (VALE) Investment Overview 🌐🇧🇷
📊 Growth Projections:
VALE, a leading Brazilian iron ore producer, is poised for growth.
Iron ore sales expected to increase to 360-370 million metric tons in the next five years.
🔄 Capacity Restoration:
Growth attributed to bringing back online a significant portion of the 100 million metric tons capacity offline since the Brumadinho dam disaster in 2019.
💰 Price Support Factors:
Current support for iron ore prices driven by positive sentiment around China's reopening and robust steel output.
📈 Financial Outlook:
Anticipation of improved gross margins for VALE.
💸 Dividend Strength:
VALE stands out as a dividend powerhouse, offering an impressive yield of 13.6%.
📉📈 Market Projection:
Bullish outlook suggests support levels above $14.00-$14.50.
Targeted upside in the range of $23.00-$24.00.
📣 Conclusion:
VALE presents growth opportunities backed by capacity restoration and favorable iron ore market conditions.
Strong dividend yield adds to its appeal.
Bullish outlook projects support levels and targeted upside for potential investors.
📰💹 #Vale #InvestmentAnalysis #MarketWatch 🌐📊
Vale contracting monthly volatilityVale is a play I have been thinking about adding as I have sold my BHP holdings for other opportunities. The stock provides a strong dividend, international and metals (mostly iron) exposure. The company is a high cash flow company and does fluctuate with the iron markets for the most part. Iron is a lot different than gold and silver, and is showing an uptrend on the monthly time frame.
Chart wise we see contracting volatility, a retake of the .382 fib level and I am eying a retest of the .5. RSI shows a very similar structure to price action which confirms contraction. The stock sits right at the center of the Bollinger bands. If you look at the blue line on volume which is an SMA, you will notice a growing uptick. Investors are flocking to quality and value these days with many overheated technology and non-profitable stocks reaching obnoxious PE ratios and valuations. A search for a yield that overtakes the short-term treasury but has limited downside is what many larger funds are looking for, I believe Vale is one of those opporunities, much like my large Verizon bet ~ 30$.
VALE3 Week of Oct 16 to 20 2023VALE3 in a congestion mode with possible break to the upside.
Please see video for explanation.
Thank you.
VALE PUT OPTION and VOLUME storytellingVALE has a nice possible put play, but it needs confirmation to fulfill its potential. Wait for the open/confirmation/retest of 13.09 before committing to the buy put option.
Put Volume Total 4,738
Call Volume Total 997
Our target if the buy puts prevail, is inside the green box.
I'm just looking to get in and get out. Volatility is king in this unstable world economy, inflation and world conflict.
My strategy
- buy VALE $13 Put 10/20 0.22 then look for exits at;
*Target 1 - sell for 0.29 31.8% winner, and if it is moving further in my put direction, then
*Target 2 - sell for 0.38 72.7% Winner!!
Why Buy Put Option?
- All EMAs are upside down, adding hard resistance to any bullish move
- Stochastic has now turned bearish
- RSI is now flat
- Volume is showing Buy Puts are the play to make
NOTHING IS CERTAIN! This stock could find its footing on the GREEN 8 EMA and hold, requiring paytience to look for the direction
**Let's see what happens**
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
