NASDAQ:MELI una bestia, enorme. Hoy subió 3% mientras el resto de los ADR argentinos cerraron en baja (algunos se hicieron pedazos). Está en máximos históricos por lo que se hace un poco dificil definir hacia donde irá. En lo que podemos definir con extensión de Fibonacci, ya estaríamos llegando al 2 que se encuentra en 654. Esta puede ser una posible...
The outline in red shows the trading range pattern for MELI stock on the daily time frame. The highs of this range are remarkably level for a trading range. The extreme low rebound is lower than prior range lows. The compression of price before the gap up is a particularly important pattern to watch for in a trading range market condition, to anticipate a...
With the incredible increase in the price of this week, we considered that phase 3 is not over. In this case, take advantage of sell and don't buy, just if the price break the resistant.
IF MELI gaps down into the red box on earnings, that would be below the 100 SMA on a weekly and most likely trap some folks. IF this occurs, expect a little selling to come in.
For those that want to own it OR have the available funds to do the trade, I know my buddy Matt D likes this company a lot. Many others do as well. Would be a good place to own.... buy low, sell high. Almost $100 lower...
Getting long this week. This chart looks better than any crypto chart I've seen. Why focus entirely on crypto while another asset class has a better risk reward proposition? Keep the emotions out of the game.
This stock is a beast and the future is looking bright. However the stock is overstretched atm. When this dips i'm buying the dip.
Heads up. MELI Online E-commerce superstar out of South America is potentially forming a head and shoulders formation on could be an opportunity for some great trading in the next 3-6months on this fast mover. Discounted Cash Flow Model produces a valuation of $440 using historical growth and margins in forecasting method - around 32% revenue growth. This...
We are looking for a new trade setup in MELI. Please check below. Trade Criteria Entry Target Criteria- Break of $149.73 Exit Target Criteria- $91.13 Stop Loss Criteria- $161.63 You can check detailed analysis on MELI in the trading room/ Executive summary link here- www.youtube.com Time Span- 8:10" Trade Status: Pending
Waiting for open above $130 with push to resistance at $140.00