VALE Companhia Do Rio: Trendline Resistance Is At $6

 | Apr 05, 2015 04:15AM ET

There is trendline resistance @ $6 and then in the $6.50 – $6.90 region for VALE SA (NYSE:VALE) shares. Only a close above these levels will alter the bearish outlook. Sell the rallies.

VALE shares (6 months)