MercadoLibre Is Trading Like LatAm Is Broken, While the Engine Keeps Getting Stronger
MercadoLibre has pulled back sharply from its 52-week highs even as its core model (commerce plus payments) continues to scale and throw off meaningful free cash flow. With bullish momentum indicators, manageable short interest, and a valuation that still reflects quality but not euphoria, MELI sets up as a mid-term long if it can hold key support …