MERCADOLIBRE INC

MELI NASDAQ

kostaskondilis

stoploss under the 200ma

kostaskondilis

buy after the break and above the 50ma

nDam

Hi Traders and investors. This is my outline on rough guesses based on nothing but the chart, I don't know anything about this company, hence the loose targets on timing. We have a key support on this one at 1338, which in my opinion is key for the speed of gains for current holders of the stock. this is my take, always do your own dd. and take this as...

amateur_trad3r

Assuming that the wave count is correct, Mercado Libre could be close to completing a corrective wave to start the fifth wave of impulse, which could send the price to the range of 2,500-2,700 and high at $ 3,000 in the fall of this year. It is currently at $1,400, the $1,200 is a key support level, more than that I doubt it will go down, if it does touch them,...

01:32

danielvillarre71

En el transcurso de la semana se develará si esta baja fue sólo a causa de la baja generalizada del Nasdaq o si se trata de la supremacía de la resistencia dinámica por sobre el precio actual y la consiguiente debilidad de manos compradoras.

02:49

danielvillarre71

Exploring MELI applying Elliott waves. I see MELI bullish to the next month.

ContraryTrader

Got rejected on 50day ma yesterday which made for a better handle. let's see if it breaks through today . entry 1650 Purple line-50ma- 1637 Blue line-100 ma-1646 Gold line 200ma white loop -Cup

Ruckyh

Hourly analysis. We sould be completing the 5th impulse within the hour fractal with a $1780 objective ( Ia m very new to this)

danielvillarre71

The stock is doing a strong retracement to the 0,618 Fibo. It seems to recognize USD 1400. On the short, the stock could down more to USD 1200, or going up to USD 2000. I think, it depends Fundamental indicators that It looks good, specially to the long term. My consideration, It's a good time for buy and hold.

Moneymakero

Once again no indictors just a simple formula: impulse correction impulse correction. The orange/reddish correction inside the yellow correction is called a fractal. ***This does not constitute investment advice.***

danielvillarre71

It could be bullish shortly. With principal objective at 1,618 Fibo (US 2400).

Ruckyh

NEEDS SOMEONE TO CORRECT IT

AmirGhadiri

As the portfolio of the biggest hedge funds, MELI is going popular among some of them. Here I have analyzes the chart with Trend lines, Fibonacci and clusters, As you can see the red circle is a good entry point if the bearish trend line breaks.

OnePointScalp

Currently at Wave 3 consolidation A-B-C. Touched 50 SMA support. Might dip to Fib .38 at $1703. First level of support at $1770. If cannot hold, will further to Fib .38 Level. Great entry zone for long term.

danielvillarre71

Today MELI has done a little throw back to 0,618 Fibo, recognizing the 20 wma. The stock don't seem bearish, not only for technical indicators like wmas, Fibo or MACD, than fundamentals, like earnings of the last year, or it's closely future at Brasil and at Mexico.

paulopicaocapelo

Entry price : 1942.61 Fundamentals : - Sector: Internet Retail - EPS % Chg (Last Qtr): 109% - EPS % Chg (Previous Qtr): 257% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 85% - Sales % Chg (Previous Qtr): 61% - 3-Year Sales Growth Rate: 42% - Annual Pre -Tax Margin: -0.4%

danielvillarre71

MERCADO LIBRE is an logistic and international market place. The pandemic year and the confrontation with Argentinian government were special to its development. MELI has begun a big territorial growth along Latinoamérica. Brazil and México are the objectives. Will Galperín gain mexican market, specially against Amazon and Ebay?

ContraryTrader

Broke above its channel divider which will now act as strong support.. 2300$ is the target/channel top... The moves this stock makes reminds me of Amazon last summer. Motley fools endorsement does wonders