Federman19

VALE Bullish Swing

Long
NYSE:VALE   VALE S.A.
We got above average volume today on the gap up. Though it's more of a gap and go, I'm looking for it to "fake" a retest of the support/resistance level I have at 8.09 It's likely to retest this level at some point within a week or two max. Hopefully quicker.
2R is just above the next resistance level, but the previous peak had two days in a row that hit the target price. If we hit the target quick enough, lots of room before the next strong resistance.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.