MERCADOLIBRE INC

NASDAQ

MELI

TopMarketGainers

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

Traderloco2020

NASDAQ:MELI

Bixley

Strong linear regression uptrend, 0.86. Alligator can be observed to be 'eating' meaning price is moving more often rather than being stagnant.

Bullishcharts

Bullish golden cross complete. Possible entry level $705 Stock at a critical level, possible breakout or failure. Worked off overbought conditions in previous few sessions. Piper Sandler analyst Michael Olson raised his price target for MercadoLibre to $760 from $675 on expectations the company will report "strong" Q4 results. The analyst sees upside potential...

TopMarketGainers

MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, Venezuela, and Other Countries. The firm provides users a mechanism for buying, selling and paying as well as collecting, generating leads, and comparing lists...

TopMarketGainers

Stock is approaching major resistance levels, the Fibonacci golden pocket and horizontal resistance levels, it is losing momentum also. Recovery from the lows bullish but needs a rest.

WafflesDxb

use stops

crackershell

lets see if there is a volume breakout on this there is definitely a divergence i see

LittleCash

Action today proves it has a way UP to go yet. My idea is $650. 1.618 Fib.

superkumar2020

buy only above 601.55 TArget 608.25 target 612.25 SL 596.25

Bullishcharts

Entry level $586.91 = Target price $ 311.34 = Stop loss $ 574.18 Not a big fan of the fundamental and the valuation in particular but it is bullish technically and any intraday dips are bought up fast.

Bullishcharts

Entry level $568. Target price $610 at the golden pocket and also in confluence with daily resistace. Stop loss $554 just below fibonacci support. Company Profile MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. It operates through the following geographical segments: Brazil, Argentina,...

WaveAzzReaderz

Watch - Plan - Stalk and Pounce mode.

Bullishcharts

Mixed signal on the chart but the bulls are battling hard today after a strong bounce in the past week from the gap fill target. Indicators are turning bullish but $540 looks like the maximum upside where the descending 50ma will be strong resistance.

crackershell

If support holds, might bounce back, else will continue to drop, let the dust settle tomorrow is going to be better day !

TopMarketGainers

Investors have steadily dripped out of MELI as the valuation has been more and more unreasonable. They MA's have been rolling over for some time and particular concern is the loss of support from the 200ma. RSI has been making lower highs for 8 months. Several gaps exist on the chart, these eventually get filled. The growth can not justify the 1717 P/E. Company...

leandrocygler

Potencial cuña de resolución alcista contra el 38,2% de todo el swing alcista de 2019. Presenta divergencias alcistas en indicadores MACD y RSI de clase A.

TopMarketGainers

Today's upgrade to a $800 price target just seems like madness, the stock is already trading at a 1934 P/E ratio which is ridiculous in comparison to some of they greatest companies in the world. From a technical perspective the chart is showing weakness as it is already a very high price for such a stock, we believe it has further downside ahead. AVERAGE...