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MercadoLibre: weak bearish pressure, trading not recommended

Sell signal on MercadoLibre in its 2nd week, but with signal strength at 22 out of 100 and trading flagged as not recommended by our model. The short setup exists; the quality to open is not there yet.

In Summary
MercadoLibre is in the 2nd week of a sell signal with strength at 22 out of 100, low and fading. Our model's quality band flags trading as not recommended: conditions for opening a new short remain high-risk. The stock ranks 33rd among the 80 sell signals for US stocks in our ranking.
Sell signal in observation ·1st week from start ·US stocks ·T2
IQS Phase
72
in tension
Signal Strength
22
low · fading
Sizing
MINIMUM
Ranking
#33 / 80
US stocks sell signals
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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