$MercadoLibre(MELI)$ 1️⃣ Why am I making this trade now?
Am starting to slowly build a small position in MELI by buying small amount during every dip. Its a high price stock, hence will be buying in fractional shares.
2️⃣ Whats my plan from here?
Share price remains well below the average analyst price target and its trading within a channel for quite some time. Will take this consolidation range to accumulate more shares and wait for the stock to eventually break higher. Long term investment play for this counter.
| Side | Price | Filled | Realized P&L |
|---|
| Buy Open | 1,718.37 0 | +2.19% Holding |
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