MELI
📊 Technical analysis on the 4-hour chart suggests a potential divergence forming for MercadoLibre’s stock.
📉 This divergence indicates a higher probability of a short-term price correction or pullback before the upcoming earnings report.
⏳ Investors should monitor the stock closely around the earnings release, considering the technical signals for potential entry or exit points.
@marcosemmimfp:
“And Meli was also heading up. Let’s see how it is. Ah, Meli, already. Well, but you have the earnings report. Maybe the earnings report helps you. If you have a trade here, start adjusting it. There are divergences on the 4-hour chart, so most likely you’ll have a small pullback. Yes.”
Watch the exact part of the video where @marcosemmimfp talks about MercadoLibre here:
Watch the video on YouTube
Read more articles featuring the most recent analysis of MercadoLibre (MELI) at this link: MELI stock.
