MercadoLibre Enters Oversold Territory - Tale of the Tape

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MercadoLibre, Inc. 's ( MELI ) share price has entered into oversold territory with a stochastic value of 18.389. The Zacks Consensus Estimate on the company's earnings for December 2011 increased by 16 cents over the past two months to $1.72 per share. MercadoLibre, Inc is a Zacks #1 Rank ("Strong Buy") company.


 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: MELI

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