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Bullish Case: MELI maintains a dominant market position with rapid revenue growth outpacing industry standards and continued investment in strategic markets like Brazil.


Bearish Case: Margin compression, challenging macro conditions in key markets, and a recent earnings miss cast doubt on MercadoLibre's short-term profitability.


Potential Outcomes:

1. Strong recovery post-earnings miss as investors focus on core business strength (40%).

2. Sideways trading on market uncertainty (35%).

3. Further decline if macro pressures intensify (25%).


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April 05, 2024


MercadoLibre Forecast

MELI        MercadoLibre
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






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Assets that tend to move strongly with MELI



S Forecast + Options Trading Strategies   [S]  Sprint (0.85)


ARDX Forecast + Options Trading Strategies   [ARDX]  Ardelyx (0.85)


GWRE Forecast + Options Trading Strategies   [GWRE]  Guidewire Software (0.83)


SIG Forecast + Options Trading Strategies   [SIG]  Signet Jewelers (0.83)


WIX Forecast + Options Trading Strategies   [WIX]  Wix.com (0.83)



Uncorrelated Stock Forecasts

Assets with little price relationship to MELI



CLMT Forecast + Options Trading Strategies   [CLMT]  Calumet Specialty Products (-0.0)


GFI Forecast + Options Trading Strategies   [GFI]  Gold Fields (-0.0)


PAX Forecast + Options Trading Strategies   [PAX]  Patria Investments Ltd (-0.0)


DOCN Forecast + Options Trading Strategies   [DOCN]  DigitalOcean (-0.01)


PCG Forecast + Options Trading Strategies   [PCG]  PG&E (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MELI



CORN Forecast + Options Trading Strategies   [CORN]  Teucrium Corn (-0.79)


LIT Forecast + Options Trading Strategies   [LIT]  Global X Lithium & Battery Tech (-0.79)


RGR Forecast + Options Trading Strategies   [RGR]  Sturm, Ruger & Co. (-0.8)


MESO Forecast + Options Trading Strategies   [MESO]  Mesoblast (-0.8)


TMV Forecast + Options Trading Strategies   [TMV]  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.8)





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