Meli trade setup for tomorrow 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. Longby Bullishcharts2236
MercadoLibre, Inc. bullish recovery. 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, 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 through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Buenos Aires, Argentina. Longby Bullishcharts33
$MELI Bulls battling the death cross in Mercadolibre.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. by Bullishcharts30
meli at critical support, very good candidate to watchIf support holds, might bounce back, else will continue to drop, let the dust settle tomorrow is going to be better day !Longby crackershell3
$MELI holds to much rick into earnings.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 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, 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 through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Buenos Aires, Argentina. Shortby RedHotStocks15
$MELIPotencial 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.Longby leandrocygler3
Mercadolibre Inc way overvalued. 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 ANALYSTS PRICE TARGET $693 AVERAGE ANALYSTS RECOMMENDATION Overweight P/R RATIO 1900 SHORT INTEREST 5% 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, 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 through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Buenos Aires, Argentina. by RedHotStocks18
Meli Call Credit SpreadMeli Call Credit Spread 3.21 CR and 6.79 Max loss September 20th.. 650/660Shortby Synaptic7243
$MELI Bearish Divergences in Mercadolibre Inc. Caution needed. Mercadolibre in our opinion is running higher on FOMO and sentiment, fundamentals and technicals have been moved to the one side, if in a long position this is a good moment to reflect on the huge gains in 2019 and the risk involved in holding the stock for to long, " be fearful when others are greedy" Given the fact that the stock price is well above the average analysts estimate , those analysts will now be forced to re rate the stock, while some will be bullish we believe downgrades should be expected given the velocity of the move since December lows. TODAYS QUESTIONABLE UPGRADE Barclays analyst Deepak Mathivanan raised his price target for MercadoLibre to $730 from $615 ahead of the company's Q2 results and reiterates an Overweight rating on the shares. The company's financials are likely to see "meaningful tailwinds from easing comps in its e-commerce business and incremental consumer adoption of fintech offerings on payments over the next few quarters, Mathivanan tells investors in a research note. He expects MercadoLibre's gross merchandise volume growth to "accelerate nicely" in Q2 and "track at healthy levels" in the second half of 2019. Technically The chart of MELI is showing bearish divergences for some time, this can not be ignored, correction are healthy and needed for long term stability. AVERAGE ANALYSTS PRICE TARGET $594 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT SHORT INTEREST 4.5% 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, 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 through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Buenos Aires, Argentina. by RedHotStocks10
$MELINASDAQ:MELI en este caso puede verse como la MA 8 ya está en contacto con la MA 20, tal cual lo estuvo en otros momentos de esta subida. Luego de ese contacto el precio salió disparado hacia arriba aunque cada salto es mas chico que el anterior, esta vez podríamos esperar que el precio suba hasta el máximo histórico y cierre cerca de 660. MACD está posicionado también de manera correcta cerca del cruce con la línea de señal Longby TradingToro1
MELI: Cha-ching!!! Look no further..this is it.I have been slicing this many ways and look for confirmation. And this just fits my theory and read. Reports on July 31st. Looking at 1 yr chart and here is what I am seeing: MACD: Nice cross over (Big time bullish) ADX: Wowza!!! Cannot get more bullish than this RSI: 60...wow Ichimoku Cloud: Way above it 660 1st stop and then attempt to break all time high. I expect this to be at 770 post er. This name may not be for you but this can make you WEALTH. I am loaded up and will add more next week. I have Sep 20th---660c ($50K worth) but I think this is not enough.Longby lousyjets221
$MELINASDAQ:MELI una bestia, enorme. Hoy subió 3% mientras el resto de los ADR argentinos cerraron en baja (algunos se hicieron pedazos). Está en máximos históricos por lo que se hace un poco dificil definir hacia donde irá. En lo que podemos definir con extensión de Fibonacci, ya estaríamos llegando al 2 que se encuentra en 654. Esta puede ser una posible resistencia. Hacia abajo vemos varias cosas, apertura en límite superior del canal de Keltner, canal alcista formado a partir del 26/12/2018, rebote del MACD que indicaría una continuación de suba. Por otro lado, RSI se acerca a la zona de sobrecompra, si pasa los 70 deberíamos empezar a tener un poco de cautela teniendo en cuenta la resistencia de la extensión de Fibonacci que en combinación con el RSI podría generar un retroceso hacia la zona de los 610, soporte que veo clave por ser una línea de Fibonacci de 1,786by TradingToro2
$MELI MERCADOLIBRE INC. DON'T BE LEFT HOLDING THE BABYSimply it is time to take your money a run before all others. After a sizable breakout it has run to far to fast and indicators signal bearish divergences. Should be a fabulous short to the $440 area.Shortby RedHotStocks3
MELI compare to Brazilian Real and Brazil Stock MarketWhen invest in South American Stocks like MELI, PAGS or STNE, currency fluctuation need to take into consideration. Because it might not just be the growth of the company that matters. by FinTasticTrading1
MELI: Trading Range Technical Pattern Reveals Large LotsThe outline in red shows the trading range pattern for MELI stock on the daily time frame. The highs of this range are remarkably level for a trading range. The extreme low rebound is lower than prior range lows. The compression of price before the gap up is a particularly important pattern to watch for in a trading range market condition, to anticipate a breakout. Use volume oscillators along with candlestick patterns to identify the underlying hidden large lot activity. by MarthaStokesCMT-TechniTrader2
La vela de hoy de $MELI es increibleCon un gran GAP hoy $MELI marcó máximos históricos.by ignacioribes1
MeracdoLibre $MELI full earnings preview below, bullish chart Via OptionsHawk.com Mercado-Libre (MELI) will report earnings 2/21 after the close with the Street calling for ($0.11) EPS and $411.7M in Revenues (-5.8%) on tough Y/Y comps, while Q1/FY19 seen at ($0.16)/$418.9M. Shares have closed higher 9 of its last 11 reports with a six quarter average max move of 9.6% and average closing move of 7.4%. The $16.3B operator of an online commerce platform in Latin America that has also pushed into Payments trades 8.2X FY19 EV/Sales and sees 37% revenue growth for 2019 and 42.8% growth for 2020 with profitability set to ramp in 2020 as well after 2017/2018 were key investment years. MELI has historically traded in a 6.5X to 9X EV/Sales range. Analysts have an average target of $377.50 on shares and short interest is 6.8% of the float, down 11.5% Q/Q. Goldman started coverage on 2/5 with a Buy rating and $438 target expecting it to defend and expand its leadership position in the Latin American e-commerce market and numerous structural growth opportunities in the region. BTIG was out on 1/16 with app tracking metrics showing increased market share lead in mobile wallets and a strong position in Latin America payments. CSFB has an Outperform rating and $398 target and previewed Q4 results on 1/28 noting the company’s well known efforts to slow down Marketplace unit growth and anemic growth set to continue until lapping these changes in Q3 2019. It sees MELI’s take rate rising to 15.5% from 12% in the next five years, Street numbers too low, and optionality of increased take rates. Hedge Fund ownership fell 36.5% in Q4 filings with Lone Pine Capital, Tiger Global, Criterion, and Carmignac Gestion reducing positions while Jericho and Cadian sold out of positions. On the chart MELI is sitting just below a key weekly trend line and above a key VPOC level. A move above $370 measures to a longer term target of $460 and weekly RSI has already broken out of a downtrend and monthly MACD nearing a bull crossover. The options market is only pricing in a 4.3% earnings move which is cheap compared to historical actual moves. MELI has a number of notable positions in open interest with over 12,500 March $290 now deep ITM calls bought in November and December, 7,000 March $320 synthetic long positions that have strategically been rolling, and 1,000 March $340 calls opened on 12/20 rolling from Jan. $310 calls. MELI’s 30 day IV Skew of +6.7% is steep compared to the +2% 52-week average. tradingview.go2cloud.org Longby OPTIONSHAWK2
Best of 2019 Short stock? Just look at this price rangesMacro: Distribution - ABC pattern after 1-5, obvious, obvious So long at these prices not realistic. 300 was pierced easy, so no real support at 300, thus anything 300+ is running on fumes. Still part of the emerging market. Stock valuation is of the rockets. -142 PE and -2.3 on EPS Micro: Volatile increase toward average high price of 330, when average high is 340. Macro might push it a bit, but price is not sustainable, Decline is well obvious. Any lower High, is a sign for the next day drop so have shorts, u never know. Bull point: They generate revenue on Earning Report. Positive development of some kind outside of SPY pushing prices up. Good luck everyone ;) **LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/ If you want your coin to be analyzed, JUST ask. If you got a question, ASK away! And please keep those Stop losses in place! Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines! Thank you, AjionShortby Ajion5
[MELI] phase 3With the incredible increase in the price of this week, we considered that phase 3 is not over. In this case, take advantage of sell and don't buy, just if the price break the resistant. Longby jlaracena4
MELI: Nice c&h and ready to blow the top offBeen holding some long calls. Price marked (short term).Longby lousyjets1