Vale S.A. VALE

$VALE March 9, 2022 is exdiv date at .0718 USD per share.

https://stockanalysis.com/stocks/vale/dividend/

$VALE max pain is 15.50 and highest IO call is 16 with a highest IO put at 14. I would be surprise wallstreet pays out maximum options today. Look for a dump around power hour. If not, I’m doubling down on my current long position at market price. If it does dump…buying at max pain price.

$VALE needs to really punch through 17.53 to around $18, retest 17.53 then go up. Anything below the 200dma is dangerous territory.
I’ll buy at a higher price to confirm the uptrend rather than bag hold to $11 like I did earlier trying to guess “the dip” or the bottom from $22.

$VALE needs to punch through and close above 17.55 (200dma), then retest 17.55 as support, and then close above to confirm uptrend.

Be careful of a rug pull if your thinking going long or increasing shares. Markets are on thin ice with a 60 trillion weight on it that’s getting heavier every day…I expect a dip that won’t recover very very soon.

$VALE reason for last big drop was Brazil raised their interest rates. Now it’s over and settled, people piling into strong growth and commodities. This is still cheap under $30 in my opinion. Brazil doesn’t have these over priced tech stocks either so their major index won’t crumble like USA. It will however drop with the global depression coming so I am only investing/trading with 40% of my cash and 10% leverage in various separate accounts.

$VALE 10M in volume, not including dark pool, and the price is unchanged. Possible consolidation before the next leg up.

What charts are you reading? Vale down
40% in one year.

How does a great company with a great profit earnings ratio and a product in high demand down so much? The answer is a very greedy CEO and Board of Directors who don’t care about the shareholders. They just keep stealing the profits from the shareholders.

$VALE all the bearing comments when down only .30. Only hitting pivot. In any case, technical analysis only goes so far.

I haven’t seen one single comment saying to hold a short position from $22 to $12….riddle me this mr bears ?.

In fact, I can call a low number and a high number….eventually both will be hit at some time. That’s not TA!!

$VALE.. loaded