goledger

$MELI has been "rag-dolled"

Alış
NASDAQ:MELI   MercadoLibre, Inc.
Selling pressure has been phenomenal from November 15th and fairly strong from the recent high of $1970 late August.

Short-term movements are unpredictable, so consider this stock a better investment than a trade at this time.

Broader market showing weakness ... and I anticipate increased volatility in $NDX.

Might have a strong buy opportunity immediately before the debt ceiling showdown in Senate ('political theater and shenanigans) around Dec 10th to 15th? Watch $NDX levels.

I drew an arbitrary blue line at $1280 just because I thought it fit well there. It doesn't mean diddly.

Spreadsheet insert is my attempt to track the short-term impact of recent secondary offering ... don't rely on my numbers.



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.