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.

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This entry was posted on Tuesday, December 25th, 2007 at 8:53 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.

15 Responses to “Meli Stock Chart”

By Allie Baldwin on December 26th, 2007 at 3:02 pm

I love ups also. Wizetrade always shows them to be profitable.

By Hunter on December 26th, 2007 at 5:35 pm

Nice call!

By Andrew on December 27th, 2007 at 2:30 am

Good call…haha

By Anonymous on December 27th, 2007 at 3:07 am

OMG great call on this one brett!

By Zigzo Blogz on December 27th, 2007 at 1:19 pm

Brett this was a fantastic call. This is why i check the RSS feed of your blog at least 3 times a day lol.

By Aaron on December 27th, 2007 at 6:05 pm

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.

By Brett Goldstein on December 27th, 2007 at 9:36 pm

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.

By s.lee on December 28th, 2007 at 10:09 am

good call. what made u choose it?

By Brett Goldstein on December 30th, 2007 at 10:15 pm

Thanks, I just loved the chart. It gapped up and didnt go down but traded sideways. Very nice

By cashville on January 2nd, 2008 at 10:56 pm

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

By David on January 3rd, 2008 at 6:57 pm

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…

By Andrey Zalusky on January 4th, 2008 at 12:38 pm

This chart has already went up. Wizetrade shows positive upward trends.

By Gordon Collins on January 5th, 2008 at 2:31 pm

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.

By Patrick Ali on January 5th, 2008 at 4:47 pm

meli is attractive at 61.50 . Upward potential to 73.10

By tips on May 20th, 2009 at 5:35 am

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