MELI eyes on $1965: Golden Genesis arbiter of the earnings Dump

11 nov. 2024

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.

===========================================

.

19 nov. 2024

Transaction en cours

Proceed about as expected

(yellow shaded part is from posting time).

.

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.

======================================================================

.