Markets

Bullish MACD for MELI - Tale of the Tape

MercadoLibre, Inc. 's ( MELI ) MACD indicator has entered into bullish territory with a reading of 0.6557. The Zacks #1 Rank ("Strong Buy") stock increased slightly to $86.95 in morning trade. The Zacks Consensus Estimate for the year ended December 2011 has increased by a cent over the past week to $1.76 per share.

MERCADOLIBRE IN ( MELI ): Free Stock Analysis Report

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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 Nasdaq, Inc.


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

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