SamSuka
The Long Investor
The Long Investor

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$MELI - RC -

Holding its structure still very well here and staying above the 50 and 200 Day MA here too.

There is also a possibility that this can come down to the 200 Day MA next too and hold here for Subwave 2 before going higher to finish the year at $1550 at the 1.618 Fib.

A nice structured chart here with little concerns right now, looking a lot stronger than many stocks right now.

$MELI - RC -

Comments

Is it possible to get a long term chart for $MELI, please?

Steve Cullip

I agree it's worth considering Good to have some non US focus and LatAm is interesting I'm talking my book as MELI is my 2nd largest pos .. but still

TommyJR

If you look $MELI last 15 years, i think it deserves to be in the 20 best stocks to watch

Daniel SI


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