0%
0%
0%
0%
0%
15.07USD
482MUSD
10.537BUSD
About MercadoLibre, Inc.
Sector
Industry
CEO
Marcos Eduardo Galperin
Website
Headquarters
Montevideo
Employees
40.548K
Founded
1999
ISIN
US58733R1023
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.
Good outlook of MELI Weekly chart of MELI
(i) MELI has overcome an important resistance level around 1350.
(ii) Up Channel and MELI is trading near the upper level of the channel.
(iii) Resistance at 1450.
(iv) Above 20/50/100/200 EMAs.
(v) A bullish flag/pennant pattern may form.
MELI is in a good condition t
$MELI - Nice continuation to the upside NASDAQ:MELI shows nice resumption and breakout into upside. Clear on the monthly chart shown.
Likely to March towards its all time high price in the coming months.
Long on MELII have this trade open since a long ago.
I believe in MELI to go again to the highest price they had again, firmly and steady as their situation keeps on getting better.
I finally placed my stoploss way above my entry level, no TP as this could keep ongoing way long.
Triple Confluence in MercadoLibreMercoLibre’s been sliding for almost two months, but there could be signs of a turn.
The first pattern on today’s chart is the $1095.34 level. It marked the high last summer and was near the low in mid-February. MELI pulled back and bounced at it this week, a potential sign that support is in place
A possible quick bounce in MELINASDAQ:MELI
MELI is looking weak and will most likely drop further however there is a chance for a bullish play if a certain level holds. An opportunity for a quick bounce tomorrow in MELI. Levels and notes are shown on the chart. If stock gaps thru our entry level (cyan arrow) then the trade
MERCADOLIBRE Stock Chart Fibonacci Analysis 061323 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 1217/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Meli might be great trade up from here.The trend is clearly up now, we have gained the very support that was lost and made us the low.
I might be still wrong since it is a very risky trade up here.
if we close the bellow 1240$ the idea gets destroyed.
MELI Approaching next target Nice breakout from channel.
Up 33% FiFT BoD Signal + 0% MCDX Retailer and Strong MCDX Banker
Next target is around 1280.
1100 as RtS level to exit for profit.
Breakout through resistance.MELI position added this morning, looking for a volume spike through the new high. Fantastic earnings and sales growth.
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
