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MercadoLibre, Inc.MM

MercadoLibre, Inc.

2,507.83USDR
−98.18−3.77%
At close at May 23, 23:59 GMT
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MELI trade ideas

MercadoLibre setting up for good buy opportunityHello, MercadoLibre, Inc. engages in the development of an online commerce platform with a focus on e-commerce and related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, and Other Countries. TECHNICAL ANALYSIS- Checklist 1. Structure drawing (Trend line drawing on past price chart data)- As shown below 2. Patterns identification (Naming patterns on past price chart data for future wave)- The stock is currently correcting & forming a bullish expanding triangle. 3. Future indication (Reading indicator for future wave)- 0 crossover about to happen 4. Future wave (Drawing on future price chart using future indication from indicator)- As shown below 5. Future reversal point (Identifying trend reversal point on price chart using structure)- Target point as shown From 2018 to 2023, the company experienced significant growth in its financial metrics. Total revenue rose from $1.44 billion in 2018 to $14.47 billion in 2023. Gross profit increased from $655.55 million in 2018 to $6.95 billion in 2023. Net income shifted from a loss of $36.59 million in 2018 to a profit of $987 million in 2023. The company’s earnings per share (EPS) improved from -$0.82 in 2018 to $19.35 in 2023. Total assets grew from $2.24 billion in 2018 to $17.65 billion in 2023, while total liabilities increased from $1.90 billion in 2018 to $14.58 billion in 2023. Highlights of the Nine months ended September 30th 2024 net revenue and financial income reached $14.718 billion, a significant increase from $10.698 billion in the same period of 2023. Gross Profit: Gross profit rose to $6.828 billion for the nine months ended September 30, 2024, compared to $5.540 billion in the same period of 2023. Net Income: Net income surged to $1.272 billion for the nine months ended September 30, 2024, up from $0.822 billion in the same period of 2023. Earnings Per Share (EPS): Basic earnings per share as of September 30, 2024, stood at $25.09. Total Current Assets: As of September 30, 2024, total current assets were $17.824 billion, up from $14.294 billion as of September 30, 2023. Total Current Liabilities: Total current liabilities as of September 30, 2024, increased to $4.308 billion, compared to $3.278 billion as of September 30, 2023. Opportunities The rising adoption of digital payments and growing preference for online shopping reinforce a strong, long-term growth trajectory for MercadoLibre. Expanding its first-party sales business enables MercadoLibre to better compete during major holiday seasons by offering strategic discounts on flagship products. Providing consumer and small-business loans addresses critical gaps in traditional financial services while fostering stronger ties between merchants, customers, and the MercadoLibre platform. Risks to consider Intense competition among fintech rivals may lead to slower-than-anticipated growth or reduced net interest margins for Mercado Pago's consumer, merchant, and credit card product lines. Escalating macroeconomic challenges in Argentina could heighten foreign exchange losses or, in extreme scenarios, disrupt the market entirely. Unique linguistic, trade, and cultural differences in the region pose challenges for cross-border sales, necessitating the upkeep of distinct marketplace platforms in each country. Our recommendation MercadoLibre’s profitability missed expectations, but the company’s focus on strengthening its competitive position is encouraging. Key areas like its logistics network (Mercado Envios), growing ads business, and new Prime-like program (Meli Mais) continue to improve. Despite slight underperformance, strong growth in consumer credit and a better business environment in Argentina are positives. With $6.7 billion in cash and a $400 million credit facility, MercadoLibre is financially strong. Shares remain slightly expensive, but the current correction could present a buying opportunity around the $1,850 level. Our recommendation is a wait to buy at around $1,850 with a target of $2,600. Current price: $1952 (3rd December, 2024)
NLong
by thesharkke
1
MELI at Risk from Momentum Shift and High ValuationMELI has gained over 35% since the April dip, but momentum has been fading since September. The slowdown has become increasingly visible, and last week's high may remain the top for some time unless Wednesday’s earnings report surprises the market on the upside. The consensus estimate for MELI’s revenue is $5,497.05 million, representing a 26.86% year-over-year increase but a 9.27% decline quarter-over-quarter. MELI is currently trading at a forward P/E of 41.9x, which is significantly higher than the 19.8x average of comparable companies. Its geographic advantage over U.S.-based peers gave MELI an edge in April, but without strong earnings to support the high valuation, the stock could become vulnerable. Over the past five years, MELI averaged 56.2% annual sales growth. That figure is expected to fall to an average of 22.1% over the next three years, which remains solid but signals a clear deceleration. MELI could move more than 7% on earnings day, depending on the report. If the stock falls below 2,000, it may present a buying opportunity. However, the loss of momentum is usually a negative signal for sustaining trends, so the risk of buying the dip is higher than before.
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by ftdsystem
Technical Analysis of $MELI (MercadoLibre) - For Long TermAfter a thorough analysis of MercadoLibre ( NASDAQ:MELI ) charts on 1M, 1W, and 1D timeframes, here’s a summary covering market context, key levels, trading opportunities, and price phases. Perfect for traders or investors looking for actionable insights. Market Context 1M/1W: Strong bullish trend, with Higher Highs (HH) and Higher Lows (HL). The surge to the ATH ($2374.54) after the February 2025 earnings (+13%) and a post-HL move (+15%) show robust momentum. No clear signs of weakness (increasing volume, no RSI divergences). 1D: Likely in a temporary correction or consolidation within the $1700-$2140 range since August 2024. One Lower High ($2202, $2121) without Lower Lows (LL) suggests no confirmed bearish reversal. Bullish MACD (crossing above signal line) and rising volume (except the last 4 days) hint at a potential bounce. Key Levels Supports: $1700-$1723.90: Equal Low (EqL), Point of Control (POC), Fibonacci 61.8%. $1646-$1660: Pre-ATH low, historical level (2021). $1830-$1870: High Volume Node (HVN). Resistances: $2100-$2140: Equal High (EqH), Order Block ($2000-$2100), HVN ($2060-$2100). $2374.54: ATH. Liquidity: Short stops above $2190, long stops below $1700. A false breakout at $2100 suggests potential manipulation. Trading Opportunities Bullish: Bounce from $1700-$1723.90 targeting $2000-$2100, supported by POC, Fibonacci, bullish MACD, and Fair Value Gap ($1960-$2045) as a magnet. Breakout above $2140 with high volume could target the ATH ($2374.54) or $2400-$2500 (analyst price targets). Bearish: No clear reversal signals (no Change of Character, no bearish divergences). A break below $1700 with high volume might target $1646-$1660. Range: Trade the $1700-$2140 range (buy at support, sell at resistance) until a clear breakout occurs. Strength and Price Phase 1M/1W: In a bullish trend phase (Wyckoff). The -20% pullback post-ATH (linked to Galperin’s $300M share sale) is a correction within the trend. Pre-ATH consolidation supports this phase. 1D: In a lateralization phase (Wyckoff), with the $1700-$2140 range indicating accumulation or distribution, pending confirmation. The false breakout at $2100 suggests manipulation to sweep stops. Additional Notes Fundamentals: $5.8B investment in Brazil and $2.6B in Argentina (2025) bolster growth. Analysts (Cantor, Benchmark) target $2400-$2500, but Trump’s trade tariffs could add volatility. Technical: Monitor volume on breakouts ($2140) or breakdowns ($1700), MACD (1D), and RSI (overbought at ATH, neutral now). Volume Profile (POC $1700, HVN $2000) and Order Blocks ($2000-$2100) are critical. Suggestions: Consider lower timeframes (4H) for precise entries. Indicators like Stochastic RSI or Bollinger Bands could complement the analysis. Conclusion: NASDAQ:MELI displays a robust bullish trend on higher timeframes, with a manageable consolidation on 1D. Supports ($1700-$1723.90) are strong, and signals (MACD, FVG, volume) point to a bounce or bullish breakout. Great for swing trading the range or going long on a $2140 break. Watch out for macro volatility! What do you think? Anyone trading NASDAQ:MELI or have more insights to share? **Disclaimer: This is not financial advice. Always trade responsibly.**
NLong
by gonzacastellvi
MERCADOLIBRE ($MELI) SOARS IN Q4—E-COMMERCE & FINTECH SHINE MERCADOLIBRE ( NASDAQ:MELI ) SOARS IN Q4—E-COMMERCE & FINTECH SHINE (1/9) Good evening, Tradingview! MercadoLibre ( NASDAQ:MELI ) is sizzling—Q4 revenue up 37%, a $ 6.1B haul 📈🔥. Fintech and e-commerce fuel a 33% surge—let’s unpack this Latin dynamo! 🚀 (2/9) – REVENUE RUSH • Q4 Take: $ 6.1B—37% leap, tops $ 5.9B est. 💥 • EPS: $ 12.61—blasts past $ 7.94 hopes 📊 • Net Income: $ 639M—beats $ 402M dreams NASDAQ:MELI ’s humming—growth’s got zing! (3/9) – BIG MOVES • GMV: $ 14.5B—56% jump FX-neutral 🌍 • Payments: $ 58.9B TPV—49% up 🚗 • Credit Boom: $ 6.6B—74% growth 🌟 NASDAQ:MELI ’s flexing muscle—full throttle! (4/9) – MARKET VIBE • P/E: ~60—above Amazon’s 40, PDD’s 20 📈 • Growth: 37% smokes peers’ 10% • Targets: 2,400−3,000—10-38% upside 🌍 Premium price—worth the juice? (5/9) – RISKS ON DECK • FX Woes: Brazil, Mexico currencies wobble ⚠️ • Comp: Amazon, locals eye the prize 🏛️ • Rates: $ 6.6B credit—defaults lurk? 📉 Hot run—can it dodge the heat? (6/9) – SWOT: STRENGTHS • E-comm: $ 14.5B GMV—LatAm king 🌟 • Fintech: $ 58.9B TPV—Pago’s gold 🔍 • Logistics: 6 new centers—zippy edge 🚦📉 NASDAQ:MELI ’s a double-threat dynamo! (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: High P/E, FX swings 💸 • Opportunities: Ad bucks, untapped markets 🌍 Can NASDAQ:MELI zap past the bumps? (8/9) – NASDAQ:MELI ’s Q4 surge—what’s your vibe? 1️⃣ Bullish—$ 3,000 in sight. 2️⃣ Neutral—Growth’s hot, risks hover. 3️⃣ Bearish—FX bites back. Vote below! 🗳️👇 (9/9) – FINAL TAKEAWAY NASDAQ:MELI ’s $ 6.1B Q4 and fintech flex spark buzz—$ 14.5B GMV shines 🌍🪙. High P/E, but growth rules—champ or chase?
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by DCAChampion
Will MELI repeat its historic pattern ?The price action pattern in MELI since 2022 shows that whenever the stock has touched its green trendline and pushed to cross above the EMA line, the price action has typically led to approximately a 40% increase. In some instances, there was first a 20% increase followed by a correction, before continuing upward to reach the full 40% move. Based on this historical pattern, if MELI follows the same behavior with its recent EMA breakout, the price could potentially: 1.Touch its ATH around $2,160 2.Push further to around $2,400
NLong
by sumit_aryal
1
New position MELI (long term account)MELI I have been watching for a long time. This dip is a great opportunity, the stock was testing a long-term channel breakout, now it falls to the median. Their earnings are heavily misunderstood. I believe they purposefully kept EPS down to invest in their long term payments business, they needed cash collateral for risk on debt they services, this debt is high margin, this will pay off long term. Note another bottom of BBWP, this signals heavily oversold
NLong
by Apollo_21mil
MercadoLibre (MELI): A Powerhouse in Latin America! MELI is solidifying its position as a dominant player in the e-commerce and fintech markets across Latin America. With Argentina’s economic surge and aggressive expansion in Brazil and Mexico, MELI is poised for significant growth. 📈 Key Highlights: Economic Recovery in Argentina driving e-commerce activity. Expansion into logistics and food delivery diversifying revenue streams. Growing adoption of Mercado Pago enhances its financial ecosystem. While I see strong fundamentals supporting a buy rating, a 5% drop could offer a better entry point. My fair price estimate is $2,709, based on a 5 year DCF analysis. Let's keep an eye on the support levels around $1,936 and $1,824. #MELI #MercadoLibre #Investing #StockMarket #Ecommerce #Fintech #LatinAmerica #GrowthStocks #InvestmentOpportunities #Stocktobuy #Pullback
NLong
by InvestOhTrader
Mercado Libre | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General Trend - Measurement on Session * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | Daily Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.786 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Buy
CAPITALCOM:MELILong
by TradePolitics