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The Chart of the Day belongs to the Internet retailer MercadoLibre (MELI). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 8/2 the stock gained 11.97%. MELI Price vs Daily Moving Averages (Barchart) MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketpla…

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