A quick overall look at $VALE.
Very clear wave structure from a technical perspective - looks like a wave 3 of a Supercycle is happening.
Solid financial sheets.
Low P/E ratio.
5% dividends.
Overall an S-tier stock.
Still, be considerate when entering a trading position as there may be short-term pullbacks possible (latest 5 wave up move and forming an ending diagonal/wedge?).
Very clear wave structure from a technical perspective - looks like a wave 3 of a Supercycle is happening.
Solid financial sheets.
Low P/E ratio.
5% dividends.
Overall an S-tier stock.
Still, be considerate when entering a trading position as there may be short-term pullbacks possible (latest 5 wave up move and forming an ending diagonal/wedge?).