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Vale : digging a bit deeper?

Short
VALE S.A. (NYSE:VALE)  
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NYSE:VALE   VALE S.A.
Trend Analysis Technical Indicators
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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.
Clause de non-responsabilité

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