Bullishcharts

$MELI Bulls battling the death cross in Mercadolibre.

NASDAQ:MELI   MERCADOLIBRE INC
Mixed signal on the chart but the bulls are battling hard today after a strong bounce in the past week from the gap fill target.
Indicators are turning bullish but $540 looks like the maximum upside where the descending 50ma will be strong resistance.
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