VALE S.A.
Panjang

Trend Continuation vs. H&S

Telah dikemas kini

The longterm uptrend is still in dominant.
At present we have reached an interesting trading Point:

After kissing the longterm trendline, Vale could break it`s midterm downtrend. So the bullish mood can be continued if the level 9,25 could be overcomed. Above that level a test of the high at 12 could be aimed.
If this level could not be overcomed, i se the danger of forming a H&S

1. Idea Long: syot kilat
2. Idea short: anticyclical shortscalp syot kilat
3. Procyclical short with stoppsell syot kilat
Wach the RSI..he is sgnalizing an overbought situation
Nota
the first idea was the wright one syot kilat rsi made a seklling signal now
Nota
syot kilat
Nota
i think the test of the resist will be sold first...watch the rsi! syot kilat
Nota
syot kilat
Support and ResistanceTrend Lines

Penafian