VALE, a nickel mining company supported by ELON MUSK, is currently at a BATTLEZONE of bulls & bears.
Unsurprisingly, this is happening just around the median line of the pitchfork w/c also coincides with the 0.50 to 0.618 FIBONACCI retracement zone.
I think the bulls will win in 2022 & more upside to come. Wave 3 of 3 shall then continue. EVs NEED NICKEL.
Just my analysis & not financial advice.
Unsurprisingly, this is happening just around the median line of the pitchfork w/c also coincides with the 0.50 to 0.618 FIBONACCI retracement zone.
I think the bulls will win in 2022 & more upside to come. Wave 3 of 3 shall then continue. EVs NEED NICKEL.
Just my analysis & not financial advice.