$MELI vs. $BIDU - I'd be short if I wasn't neutral
I've had 
MELI on my WL for I guess a few weeks now, just because the dip looks healthy - something you can definitely see coming. Decided to use a comparison just because the MA strategy I use is complicated, but more reliable (to me) than charting a neo wave & making an entry right before price makes an impulse move. Takes the waiting/chasing price out of a potential impulse move. But main difference between the two - more impulse moves, same trend. MELI little more oversold with a little less of testing much (new) resistance. Decent impulse move upward of the dead kitty label would be my ideal put/short. Other than that, this one is a little scary for bulls or bears lol
MELI on my WL for I guess a few weeks now, just because the dip looks healthy - something you can definitely see coming. Decided to use a comparison just because the MA strategy I use is complicated, but more reliable (to me) than charting a neo wave & making an entry right before price makes an impulse move. Takes the waiting/chasing price out of a potential impulse move. But main difference between the two - more impulse moves, same trend. MELI little more oversold with a little less of testing much (new) resistance. Decent impulse move upward of the dead kitty label would be my ideal put/short. Other than that, this one is a little scary for bulls or bears lol
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