MercadoLibre at Support: Traders Position for a Bounce This WeeCurrent Price: 1757.58 (Analysis was generated on Monday Morning)
Direction: LONG
Confidence level: 58%(Price is sitting near widely watched support with several traders positioning for a short-term bounce, but conviction is moderate due to recent earnings volatility.)
Targets
Target 1: 1800
Targ
MercadoLibre, Inc. Shs Unsponsored Brazilian Depository Receipt Repr 0.00833 Sh
No trades
Key facts today
Morgan Stanley has reduced its price target for MercadoLibre shares from $2800.00 to $2600.00.
43,027.78
0.00 BRL
11.16 B BRL
161.42 B BRL
6.09 B
About MercadoLibre, Inc.
Sector
Industry
CEO
Ariel Szarfsztejn
Website
Headquarters
Montevideo
Founded
1999
IPO date
Aug 10, 2007
Identifiers
2
ISIN BRMELIBDR006
MercadoLibre, Inc. engages in the development of an online commerce platform with a focus on e-commerce and related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, and Other Countries. The Other Countries segment refers to Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Panama, Peru, Bolivia, Honduras, Nicaragua, El Salvador, Guatemala, Paraguay, Uruguay, and the United States of America. Its products provide a mechanism for buying, selling, and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Montevideo, Uruguay.
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Squeeze Fired Into Breakdown at 34% Range With OBV DrainingMELI trades at 1,994.03 with a 56.9% bearish structural score across 112 signals, classified as tight. The supply-demand split reads 43.7% to 56.3% favoring sellers at 1.29x intensity with 52% clarity. Price has retraced -1.3% with a 0.3% bounce at 0.2x strength, classified as breakdown. A squeeze h
MercadoLibre – Daily StructureMercadoLibre – Daily Structure
Price is interacting with a major confluence zone: rising support (red) and long-term descending resistance (green). The yellow horizontal level (~1945) is the critical pivot.
Technical View
• Holding above the yellow level → structure remains constructive
• A contr
Long-term trend is still bullish and the main channel remains inLong-term trend is still bullish and the main channel remains intact.
• The recent drop looks like a healthy correction, not a structural breakdown.
• Key resistance at 2,220–2,230: this level decides the next move.
• A daily close above 2,220 would signal renewed momentum and open upside.
• Bel
E-Commerce King Recharges: Why MELI is a Buy at Trendline
The Bull Case Description
Technical Setup: The monthly chart for MercadoLibre (MELI) shows one of the most consistent long-term growth trajectories in the market. We are currently seeing a healthy consolidation phase where the price is interacting with a major multi-year ascending trendline.
From
Pullback exactly on the diagonal support. MercadoLibre bounced…Pullback exactly on the diagonal support.
MercadoLibre bounced strongly from the 1950–2000 area up to 2210, and this move was correctly identified in advance.
The reaction confirms the importance of the diagonal as a key technical level.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.









