$MELI - NOTE -
Added 2024-04-12 20:12:29 +0000 UTC$MELI, $SHOP and $AAPL have been model charts for us.
All hit Wave 5 and without much of a fight, they proceeded to Wave A in a controlled manner.
$SHOP has nearly hit its 200 Day MA and $AAPL I believe is in Wave B now....no surprises and moving as expected.
$MELI hit its 200 Day MA today and finished the week on this level.
I would not be surprised to see a move shortly for Wave B and this may take 2 months to materialise.
Let's keep to the plan and $MELI may be considered as part of the Top 20 reshuffle.
Comments
Go Meli!
JASON LEWIS
2024-05-02 20:15:21 +0000 UTCYep, so Wave A is still moving down and will need to test the next Fib level for support, losing the 200 Day Ma is showing weakness now
Gareth Neary
2024-04-19 06:39:21 +0000 UTCI guess more of a question it looks like wave A is still going on? Currently sitting around 1325. Is wave B an extension into the 1500's or 1600's. I do see the orange line to 1530 but also wave B without a line under it is sitting at 1640
JASON LEWIS
2024-04-19 06:35:48 +0000 UTCWhat would be the update here?
Gareth Neary
2024-04-19 06:32:07 +0000 UTCAny update for this chart
JASON LEWIS
2024-04-19 06:29:06 +0000 UTC
