VALE Overdue for major correction, could see a gap up to $17-$22

We can clearly see that VALE has been on a downtrend for a couple months and given the major support at 10.50 I think that we are set to see a decent rebound. Additionally, it is creepy dangerously towards over sold in the daily as well as weekly views. Financials on this company are AMAZING and I think there is a lot of room to grow here. I'm also dumb, and this is my opinion only.