DerekD_

$MELI vs. $BIDU - I'd be short if I wasn't neutral

NASDAQ:MELI   MercadoLibre, Inc.
I've had $MELI on my WL for I guess a few weeks now, just because the dip looks healthy - something you can definitely see coming. Decided to use a comparison just because the MA strategy I use is complicated, but more reliable (to me) than charting a neo wave & making an entry right before price makes an impulse move. Takes the waiting/chasing price out of a potential impulse move. But main difference between the two - more impulse moves, same trend. $MELI little more oversold with a little less of testing much (new) resistance. Decent impulse move upward of the dead kitty label would be my ideal put/short. Other than that, this one is a little scary for bulls or bears lol

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.