Will MercadoLibre (MELI) Skyrocket To Its Previous All-Time High With This Rounding Bottom Pattern?

3 min readMar 18

MercadoLibre, Inc (MELI) is the top e-commerce platform in Latin America, providing six integrated services to businesses and individuals. The Marketplace allows for online sales and merchandise listings, while Classifieds offers online classified listings for vehicles, real estate, and services. The MercadoPago FinTech platform facilitates seamless payments within the marketplace, as well as via websites and mobile apps. Advertising services and MercadoShops help sellers promote and…

Written by Ming Jong Tey

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I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/

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