$MELI - RC -
Added 2024-08-07 13:29:44 +0000 UTC$MELI has now made a higher high from its March '24 high and has since bounced on its 200 Day MA after a strong earnings report on the 1st of August,
I suspect Wave 5 is not complete and its ABC correction won't start until it clears a higher high above the 2021 highs at $2015.
Price is staying strictly within this green channel too.
