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.
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About MercadoLibre, Inc
Sector
Retail Trade
Industry
Internet Retail
CEO
Marcos Eduardo Galperin
Website
mercadolibre.com
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.
Breakout through resistance.MELI position added this morning, looking for a volume spike through the new high. Fantastic earnings and sales growth.
MELI Mini CoilNASDAQ:MELI double inside with a mini coil setup off its 50 MA line, tight on tope of its previous base, with a nice volume pattern.
You wouldn't know growth getting wacked looking at this chart. But ya, could be next lol.
$MELI Setting Up AgainNeed to find my way back into $MELI after getting stopped out for break even on the 23rd.
Looks like its working on a breakout failure reset.
MercadoLibre still bullish expectations
Hi viewers, MELI bullish in last periods, here still technically picture looks like it can go more, expecting to see higher bullish push
TP1:1320
TP2:1370
TP3:1410
Short overbought Mercadolibre It has had a vert nice run up off its lows, and it's RSI has now reached 70, where every time before on the daily time frame this signaled a big trend change in direction to the downside. 70 being the oversold area supports the idea of shorting or put options. Along with the formation of the bearish
$MELI Potential Add-OnLooking to see if $MELI will give me addon opportunity in the next couple days.
Orange bars would be ideal price action for a low risk addon.
Multiple Ideas for MELI the next weekLike you can see the Graph. MELI has a good fundamentals from the last Earnings and Revenue. One the F. Volume profile levels reach the 61,8% of the Fibonacci Retracement. So It's time to wait if the POC moves to that area and make things more interesting. The other Escenario is Wait for a Breakout
MELI clean chartPretty clean chart!
Broke out from the pennant, consolidated, now its time to expansion higher?
Watch $1100 level break for a possible move towards $1300
No break, No trade.
Meli on Bulish RunCurrently Meli stock on bullish uptrend .
MA 150, MA 200 sloping up currently.
Weekly Candle break out from consolidation triangle.
Weekly Candle pattern with Bullish Momentum
Red bar appearing Smart MCDX indicating smart money from Institution start to trickle in .
RSI above 50 indicating price
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
