Shine Up Your Portfolio With 3 Top Metal Stocks

Top Metal Stock #3: Vale (VALE)

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The Options Trader’s Guide to Technical Analysis

Diversified metals and mining company Vale (VALE) produces iron
ore, nickel, aluminum, copper, coal, platinum-group metals, gold and silver, to name a few. The company also operates logistics systems in Brazil,
including railroads, maritime terminals, and a port, and engages in hydroelectric power generation and steel production.

The stock is in the process of forming what should be a very large bullish ascending
triangle leading to a breakout to new all-time highs. VALE will likely be one of the hottest plays of the next two years. Currently trading around
$30, I think the stock will easily see $55 in 2010, and could go as high as $70 in 2011.

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