How is MELI doing right now?
In plain terms: MELI is 35.9% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
MercadoLibre (MELI) sits 35.9% off its peak and is currently in a severe drawdown, last printing at $1,674.08. A 35-60% drawdown is the territory where most retail investors capitulate. It's also where the highest-probability historical entries have clustered for resilient assets.
