$MercadoLibre(MELI)$ Closed at

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$MercadoLibre(MELI)$ Closed at $1,988.26 (-0.93%) on Feb 16, 2026. The stock remains ~24.8% below its 52-week high of $2,645.22.

The stock continues to digest recent gains amidst a broader tech sector consolidation. 📉
The company's strategic pivot towards AI investment, highlighted by recent workforce adjustments, signals a focus on long-term efficiency and ecosystem growth. 🤖 Analyst Targets
- 24 analysts have an average price target of $2,802.56 (Upside: ~41%). 📈
- Sentiment is overwhelmingly bullish with 7 Strong Buy and 17 Buy ratings vs. only 1 Hold. 👍
Weekly Outlook
- Expect continued consolidation between $1,988 - $2,060. A decisive break above resistance could target $2,100. A failure to hold support may lead to a test of the $1,950 zone. 🔄

@derickt：

Shorted $MercadoLibre(MELI)$ around $2k/share price tag. As share price continues to drop, profit continue to rise

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The stock remains ~24.8% below its 52-week high of $2,645.22.\n <ul style=\"list-style-type: disc;\"><li>The stock continues to digest recent gains amidst a broader tech sector consolidation. 📉\n </li><li>The company's strategic pivot towards AI investment, highlighted by recent workforce adjustments, signals a focus on long-term efficiency and ecosystem growth. 🤖 Analyst Targets\n <ul style=\"list-style-type: disc;\"><li>24 analysts have an average price target of $2,802.56 (Upside: ~41%). 📈\n </li><li>Sentiment is overwhelmingly bullish with 7 Strong Buy and 17 Buy ratings vs. only 1 Hold. 👍\n </li></ul>Weekly Outlook\n <ul style=\"list-style-type: disc;\"><li>Expect continued consolidation between $1,988 - $2,060. A decisive break above resistance could target $2,100. A failure to hold support may lead to a test of the $1,950 zone. 🔄\n </li></ul></li></ul></body></html>","htmlText":"<html><head></head><body><a data-mention-id=\"MELI\" class=\"teditor-mention\" data-mention-name=\"MercadoLibre\" href=\"https://ttm.financial/S/MELI\">$MercadoLibre(MELI)$</a> Closed at $1,988.26 (-0.93%) on Feb 16, 2026. The stock remains ~24.8% below its 52-week high of $2,645.22.\n <ul style=\"list-style-type: disc;\"><li>The stock continues to digest recent gains amidst a broader tech sector consolidation. 📉\n </li><li>The company's strategic pivot towards AI investment, highlighted by recent workforce adjustments, signals a focus on long-term efficiency and ecosystem growth. 🤖 Analyst Targets\n <ul style=\"list-style-type: disc;\"><li>24 analysts have an average price target of $2,802.56 (Upside: ~41%). 📈\n </li><li>Sentiment is overwhelmingly bullish with 7 Strong Buy and 17 Buy ratings vs. only 1 Hold. 👍\n </li></ul>Weekly Outlook\n <ul style=\"list-style-type: disc;\"><li>Expect continued consolidation between $1,988 - $2,060. A decisive break above resistance could target $2,100. A failure to hold support may lead to a test of the $1,950 zone. 🔄\n </li></ul></li></ul></body></html>","text":"$MercadoLibre(MELI)$ Closed at $1,988.26 (-0.93%) on Feb 16, 2026. The stock remains ~24.8% below its 52-week high of $2,645.22. The stock continues to digest recent gains amidst a broader tech sector consolidation. 📉 The company's strategic pivot towards AI investment, highlighted by recent workforce adjustments, signals a focus on long-term efficiency and ecosystem growth. 🤖 Analyst Targets 24 analysts have an average price target of $2,802.56 (Upside: ~41%). 📈 Sentiment is overwhelmingly bullish with 7 Strong Buy and 17 Buy ratings vs. only 1 Hold. 👍 Weekly Outlook Expect continued consolidation between $1,988 - $2,060. A decisive break above resistance could target $2,100. A failure to hold support may lead to a test of the $1,950 zone. 🔄","highlighted":1,"essential":1,"paper":1,"likeSize":604,"commentSize":0,"repostSize":35,"favoriteSize":0,"link":"https://ttm.financial/post/533425781199152","repostId":532928794407240,"repostType":1,"repost":{"magic":2,"id":532928794407240,"tweetId":"532928794407240","gmtCreate":1771131228257,"gmtModify":1771131232609,"author":{"id":4144888663826802,"idStr":"4144888663826802","authorId":4144888663826802,"authorIdStr":"4144888663826802","name":"derickt","avatar":"https://community-static.tradeup.com/news/39af9fba1b299d25a4c88d224de77ac0","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"4e86300037264823b9bb00ff44fc0f19-3","templateUuid":"4e86300037264823b9bb00ff44fc0f19","name":"Live trading challenger","description":"for 6 months","bigImgUrl":"https://community-static.tradeup.com/news/1f5e9ba8fa00e845d15505fef84941ce","smallImgUrl":"https://community-static.tradeup.com/news/890d6c2bdab9dd1b255a1e7e9ae2264f","grayImgUrl":"https://community-static.tradeup.com/news/aeea12778e0c2c686984e1efc3ed8fd4","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.03","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":48,"starInvestorFlag":false},"themes":[{"themeId":"fced8a8e4b9941978e76222e8785024d","categoryId":"7cbb30544f7e4946acd0f699136a7d66","name":"2026 Outlook: Lock In Your Investment Goal with a Time Capsule","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":fced8a8e4b9941978e76222e8785024d}&rnconfig={\"headerBarHidden\": true}","description":"As we step into 2026, it’s time to pause, reflect, and look ahead. 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My investment return target for 2026 is ____.","image":"https://community-static.tradeup.com/news/fb2db2e85e7df2a40e3885f2ba307f6c"}],"images":[{"img":"https://community-static.tradeup.com/news/51104e0fab8a27b90e9f412c10759971","width":"1032","height":"1946"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/51104e0fab8a27b90e9f412c10759971","width":"1032","height":"1946"}],"title":"","html":"<html><head></head><body>Shorted&nbsp;<a href=\"https://ttm.financial/S/MELI\">$MercadoLibre(MELI)$</a>&nbsp;around $2k/share&nbsp;price tag.&nbsp;As share price continues to drop, profit continue to rise<img src=\"https://community-static.tradeup.com/news/51104e0fab8a27b90e9f412c10759971\" tg-width=\"1032\" tg-height=\"1946\"></body></html>","htmlText":"<html><head></head><body>Shorted&nbsp;<a href=\"https://ttm.financial/S/MELI\">$MercadoLibre(MELI)$</a>&nbsp;around $2k/share&nbsp;price tag.&nbsp;As share price continues to drop, profit continue to rise<img src=\"https://community-static.tradeup.com/news/51104e0fab8a27b90e9f412c10759971\" tg-width=\"1032\" tg-height=\"1946\"></body></html>","text":"Shorted $MercadoLibre(MELI)$ around $2k/share price tag. 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