VALE S.A. - Elliot Wave Count

17 พ.ค. 2021

Appears to be in the middle of wave 3 on the intermediate degree. This one is a slow moving long-term play. I might look to get in for wave 5, but that is probably towards the end of next year. On the primarily degree (not on this chart), it appears to be heading towards $83. That move would be years in the making- at least 5. Mostly posting this chart as I believe this industry will boom over the next decade and this ticker should be an easy 3 bagger for those in no hurry to collect.