VALED trade ideas
$VALE Basing Around its 50 MAI like the basing action around its 50 day MA after its 85% run up. Expecting this to resolve to the upside if the market remains to be strong in April.
Vale Sa Adr (VALE)- BRAZILIAN COMPANY ENGAGED IN THE MINING AND EXPLORATION OF MINERALS IN BRAZIL AND 5 OTHER COUNTRIES.
$VALE with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $VALE after a Negative under reaction following its earnings release placing the stock in drift D
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VALE (NYSE) - When it break up, Price go FlyGreetings
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Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
VALE (NYSE) - When it break up, Price go Fly
$VALE - once this breaks out...Commodity markets are 20 to 25-year cycles. When commodities are at their lows relative to the S&P500, it is usually an opportunity of a lifetime. VALE is a great example of a base metals producer that will do incredibly well in the coming years. It also pays 8% dividend. Combine an increasing share price with a high dividend and you've got a stock you can't afford to miss.
$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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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
