Meli Stock Chart
By Brett Goldstein on Dec 25, 2007
Chart looks great. I love gap ups as everyone knows. I really really really believe that this stock will be trading above 65 in the next 30 days. If not, then it should come down to 55 where I will back up the truck like Cramer would say. Lets keep an eye on it.
Has anyone seen RICK???? Geez, charted it at 10
14 Responses to “Meli Stock Chart”
Good call…haha
OMG great call on this one brett!
Brett this was a fantastic call. This is why i check the RSS feed of your blog at least 3 times a day lol.
Didn’t take long at all huh? What a jump! The volume behind the move was very impressive. It may have some short-term selloffs, but I still think long is the way to be on this one.
Wow, I am really surprised to tell you guys the truth. Had no idea it would jump 20pts in 2 days. Well I hope everyone made money.
good call. what made u choose it?
Thanks, I just loved the chart. It gapped up and didnt go down but traded sideways. Very nice
on theupdown.com check me out cashville, anyways with a crazy PE around 700 Im still long this stock, just like BIDU when the PE was around 450 @ $75, Im looking for substantial growth in 08, everybody on here is right… good call guys
MELI is an EBay equivalent in South America. One of my globalization professors, Dr. Will Robinson, spends a lot of time in South America and shared with our class the fact that the economy is becoming more stable. Dr. Robinson also mentioned that there is less corruption which makes MELI a good investment to capitalize on South America.
However, I am curious to know their market shares in each country and the popularity. After the jump I am hesitant to enter the stock…
This chart has already went up. Wizetrade shows positive upward trends.
I’m to go in with 50 shares and keep a close eye on this one. WIzetrade shows potential. And they just got good press also.
meli is attractive at 61.50 . Upward potential to 73.10
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I love ups also. Wizetrade always shows them to be profitable.