MercadoLibre: bounce from the 1530 area doesn't change the bearish picture

MercadoLibre is in week 5 of a sell signal. The week closed up 2.9% — the first green candle after two negative weeks, including a 5.2% drop with 97% seller volume — but buyers accounted for only 26% of this week's volume: the rebound lacks conviction. The quality band flags trading as not recommended for those not already in position.