Best looking chart seen in a while (MELI Stock Chart)

By Brett Goldstein on Apr 13, 2008

I think this chart looks gorgeous. The one thing that i dont like is that it closed around its resistance the past few days. The macd is looking great and the RSI. There is an obvious uptrend as well. I think this chart looks great. I have taken a position in it on Friday and looking to add more.

This entry was posted on Sunday, April 13th, 2008 at 11:46 am and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.

4 Responses to “Best looking chart seen in a while (MELI Stock Chart)”

By Shaun Rosenberg on April 13th, 2008 at 6:17 pm

Thanks for sharing. It looks good, I’m more of a breakout trader myself so I wouldn’t get into it unless it breaks $47.5 but I’ll put it on my watchlist.

http://www.stocks-simplified.com

By david_56 on April 14th, 2008 at 11:48 am

Sign-up at easystockalerts.com to be ALERTED to any Insider Trades BEFORE they appear on the web! This can be market moving news which can make you Mad Money.

By Alex on April 14th, 2008 at 5:38 pm

Hey guys, the only thing that I would be cautious about is the lack of big volume as this stock moves up. But, since that is pretty much the problem of the entire market I wouldn’t be too worried. Great find though!

By jordan7682 on April 18th, 2008 at 10:53 am

Hi, if you never want to miss news that can move your stocks, then sign up for free at easystockalerts.com Hope this will work out for you.
Good luck!

Name

Website:

Comments: