TaPlot

$VALE Basing Around its 50 MA

Long
NYSE:VALE   VALE S.A.
I 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.

✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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