Vale (VALE) NewsBite - VALE Hits 52-Week High





Vale (NYSE: VALE) hit a new 52-Week high of $26.46 so far today. Currently the stock is up $1.43 (5.72%) to $26.43 on 20,821,698 shares traded. Today's high is up $17.63 from a 52-Week Low of $8.80. Vale stock has been showing support around $24.57 and resistance in the $25.43 range. Technical indicators for the stock are neutral and S&P gives VALE a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on VALE the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 22.50 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Vale (VALE):

Vale (VALE) Showing Bullish Technicals But Could Break Through $26.89 Resistance

Thursday, February 09, 2012... Vale SA (NYSE: VALE) closed Wednesday's trading session at $26.42. In the past year, the stock has hit a 52-week low of $20.46 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1333475

Potential Vale (VALE) Trade Has $24.34 Breakeven

Friday, February 03, 2012... Vale (NYSE:VALE) closed Thursday's directionless trading session at $26.30. In the past year, the stock has hit a 52-week low of $20.46 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1332321

Vale (VALE) Trading Near $24.34 Support Level

Monday, January 30, 2012... Vale SA (NYSE: VALE) closed Friday's trading session at $24.72. In the past year, the stock has hit a 52-week low of $20.46 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1331012

Vale (VALE) Showing Support Near $23.87 With 0.12% Dividend Yield

Tuesday, January 24, 2012... Vale SA (NYSE: VALE) closed Monday's trading session at $24.36. In the past year, the stock has hit a 52-week low of $20.46 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1329857

Vale (VALE) Could Break Through $24.45 Resistance Level

Wednesday, January 18, 2012... Vale (NYSE:VALE) closed Tuesday's dramatic trading session at $23.83. In the past year, the stock has hit a 52-week low of $20.46 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1328536


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