MercadoLibre Inc

MELI’s medium-term structure shows weakness following a Bearish Pivot Point in a Distribution phase, establishing a bearish tradable side. In the short-term, price is retracing into the 9- and 20-day EMA region, creating a structural resistance zone. Selling into this EMA confluence is the preferred engagement, as rejection and further downward repair appear likely. Overall, a Sell Now posture is justified at the EMAs.

• ↑Q2 ’26 revenue +50% to $10.2 B; GMV +44% to $22 B
• ↑Fintech segment up 49% YoY; payment volume hit $101 B
• ↓Q2 operating income -17% YoY to $683 M; margin down 550 bps