Thursday, February 10, 2011 10:55:55 PM
~EBAY~ cannot duplicate the local knowledge of how business runs with Latino consumers...Instead of trying to take this company over, its strategy is to outright invest in ~MELI~'s shares...
As you can see EBAY effectively owns almost 20% of ~MELI~'s Outstanding Shares...take a quick glance at ~EBAY~'s chart...it was up big today after announcing that it will make big money in the next 3 years...
...Here's an amazing comparison chart...question is, whos following who???
...To me its obvious...~MELI~ is following ~EBAY~...notice the rise in prices is eerily similar...~EBAY~ just broke to new highs...and rose above the parallel angle...Will ~MELI~ follow??? ...we'll let time answer that question...
...~MELI~ rises faster because of market cap differences, but the angle of ascension is exactly the same...
...this chart exposes many potential future trades...if this technical theory is correct, we can almost expect ~MELI~ to reach new all time highs (and/or rise above its ascending angle)
...happy trading all...you heard it here first...~6979~
Recent MELI News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 09:14:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/16/2024 08:32:14 PM
- Apple Loses EU Dispute; Google’s $2.7 Billion Fine Upheld; Oracle Shares Surge 9% • IH Market News • 09/10/2024 10:02:31 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 01:53:05 AM
- Apple Names New CFO, Sony Hikes PS5 Price in Japan, Santander Launches Share Buyback • IH Market News • 08/27/2024 09:35:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 12:33:00 AM
- Google Forced to Modify Play Store, Apple Innovates, Victoria’s Secret Hires CEO, Mars Buys Kellanova • IH Market News • 08/15/2024 10:05:46 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/14/2024 01:39:11 AM
- MercadoLibre, Inc. Reports Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 08/01/2024 08:01:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 08:00:57 PM
- MercadoLibre, Inc. To Report Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 07/26/2024 12:11:37 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 09:41:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 09:40:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 09:38:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 09:36:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 09:34:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 09:32:31 PM
- GME Volatile as Roaring Kitty Goes Live Today, Meta Unveils AI for WhatsApp Ads, and More • IH Market News • 06/07/2024 12:09:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/06/2024 09:12:14 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 05/24/2024 08:09:38 PM
- Nvidia Profits Set to Challenge Historic High Market; GE Aerospace Announces New Hires, and More News • IH Market News • 05/22/2024 10:37:09 AM
- Tesla’s April Sales Down 18% in China, Amazon’s Multi-Billion Dollar Cloud Expansion in Singapore, and More News • IH Market News • 05/07/2024 11:44:00 AM
- MercadoLibre, Inc. Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/02/2024 08:20:25 PM
- MercadoLibre, Inc. to Report First Quarter 2024 Financial Results • GlobeNewswire Inc. • 04/29/2024 10:31:34 PM
- Apple to Invest $250 Million in Singapore Expansion, Oracle Commits $8 Billion to Japan Infrastructure, and More News • IH Market News • 04/18/2024 11:11:52 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
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PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM