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Is VALE preparing to trend higher? Directional Movement Crossover Bullish shows up after rising 1.88%
VALE closed up 1.88% on Monday, June 22nd, with volume running 0.9× below average. Directional Movement Crossover Bullish was spotted, which could indicate a shift in momentum. Key support levels exist at 15.54, 15.36 & 15.2, with resistance at 15.87, 16.03 & 16.21.
Current SwingTradeBot Technical Rating of VALE: B
There’s more where that came from. See all of today’s signals for VALE here.
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