MercadoLibre, Inc.Updated MELI eyes on $1965: Golden Genesis arbiter of the earnings Dump
MELI earnings report caused a serious dip.
Recovery bounce is now at a critical level.
What happens here could start a new trend.
$1965.66 is the exact level of Golden Genesis
$2022.23 is a Covid fib above is a backstop.
$1906.44 is a Covid fib below and some support.
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Recovery bounce is now at a critical level.
What happens here could start a new trend.
$1965.66 is the exact level of Golden Genesis
$2022.23 is a Covid fib above is a backstop.
$1906.44 is a Covid fib below and some support.
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Trade active
Proceed about as expected(yellow shaded part is from posting time).
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Zoom in a bit and some notes:
Red Stripe fib of local wave down, targets 4.236.
Immediate interest is Covid fib at $1906.44 for support.
If Covid fib is lost, we can look for 4.236 at $1811.10.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.