Back to top

Vale SA (VALE): Moving Average Crossover Spotted
November 07, 2013

Read MoreHide Full Article
Are you a technical investor? If so, it may be time to consider Vale SA (VALE) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for VALE.

This trend may have already begun, as shares of VALE have moved by higher by 10.4% in just the past month. Plus, VALE has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Vale SA has plenty of life left.



In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


VALE S.A. (VALE) - free report >>


More from Zacks Tale of the Tape

You May Like