Echo Trade Entry – VALE

VALE has set up an entry and confirmed above the resistance at $22. I am buying Sep-17-21 $22 strike calls. The first target is $23.  Stretch goal target 2 is $24 and the super stretch goal is $26. Support zone as marked in the 20.50-21 area.

**We may see a pullback before the run to the targets, just be ready for it if it happens.**


Buy $22 – Sept 17, 2021 Calls


$1.25 (plus or minus $0.10)

Support Zone

$20.50 – $21

Resistance Zone



Target 1 $23

Target 2 $24

Target 3 $26

You are welcome to use different strikes, expirations, or even directly use stock. 

If this is your first echo trade I strongly suggest watching the masterclass for proper trade sizing in your account BEFORE taking the trade.  


Daily Profit Publishing and Rob Booker do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor. We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.