$MELI
Added 2024-06-13 11:20:51 +0000 UTC$MELI has been following our ABC correction very well and is following the same trajectory as $CELH and not $AAPL.
Big test coming up will be how it handles the retest of the 200 Day MA at $1513, which is just below the 0.236 Fib.
We were watching this on the $CELH chart and we can see that the price could not hold this level, so now we are waiting for support to come in on one of the Fib levels, this is what we should be watching for $MELI too.
I think $MELI is going to be a big player in the commerce world, so it may be worth considering a position when the ABC correction completes.
Comments
Hey Cap, does SE run together with MELI?
DiegoTheSabre17
2024-06-13 14:03:48 +0000 UTCI will happily be adding .. targets $3k
TommyJR
2024-06-13 11:22:00 +0000 UTC
