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RedHotStocks

Mercadolibre Inc holds to much Risk into earnings

Long
MercadoLibre, Inc. (NASDAQ:MELI)  
RedHotStocks  
NASDAQ:MELI   MercadoLibre, Inc.
Trend Analysis Chart Patterns Technical Indicators
24
0
trendanalysis chartpattern indicator

Indicators are already quite bearish
Valuation of the company is crazy.
Momentum stocks usually end with momentum going the wrong way.
Levels to watch for a downside move on the chart
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