$MELI
Added 2024-11-07 12:52:05 +0000 UTC$MELI reported after the close yesterday and they missed on estimates by -10%, price is down -8.5% in the PM now.
We had $MELI at and around its Wave 5 target either way and $MELI has climbed from $602 to $2161 since 2022 to now....a pull back in the form of an ABC correction is due.
I have added the Fib support levels if this is the case next.
Price below the 200 Day MA at $1755 confirms the correction for me.
Comments
Would love an update
TNP Media
2024-12-16 23:12:52 +0000 UTCMELI is recovering slightly in pre, almost touched the level you indicated at $1755. At this point, i believe it would be more prudent to wait before opening a position while watching the fib levels?
ok
2024-11-08 11:18:07 +0000 UTC$MEli just paid for my stupid short on $ABNB. Thanks Cap
Stefan
2024-11-07 15:08:18 +0000 UTC
