Short MELI CMP $1085.36

2022年1月9日Short MELI CMP $1085.36. This one is clear downtrend. Appears to be double bottom pattern but price will continue to fall to $900 area as per analysis. Trading below all major moving averages. No signs of buyer stepping in. MACD turned negative recently. Short target of $900 area coming soon which is also 200 SMA level on weekly chart.

2022年1月22日

交易進行

Taking support at drawn level

2022年1月30日

交易進行

Trading below the support level. $905 in can be achieved in coming days with market sell off.

2022年2月23日

交易結束：目標達成

target reached