Amazon.com, Inc.: This Could Be The Biggest Reason To Buy AMZN Stock

source from Top Stocks For 2015:http://www.topstocksblog.com/amazon-com-inc-this-could-be-the-biggest-reason-to-buy-amzn-stock.html

5 Best International Stocks For 2017

5 Best International Stocks For 2017: MercadoLibre Inc.(MELI)

Advisors' Opinion:

• [By Scott Rubin]

  Stock gainers included Mercadolibre Inc (NASDAQ: MELI), up almost 14 percent, and Nu Skin Enterprises, Inc. (NYSE: NUS), which added 12 percent. The positive gains in both stocks were due to strong earnings reports. Shares of Liberty Interactive Group (NASDAQ: QVCA) plunged almost 22 percent on Friday due to disappointing sales growth in its fiscal second quarter. Pharmaceutical giant Bristol-Myers Squibb Co (NYSE: BMY) lost 16 percent after a disappointing study involving its Opdivo drug.

• [By Roberto Pedone]

  Mercadolibre (MELI) operates an online trading site for the Latin American markets. This stock closed up 7.1% at $128.50 in Monday's trading session.

  Monday's Volume: 814,000
  
  Three-Month Average Volume: 479,008
  
  Volume % Change: 69%

   

  From a technical perspective, MELI ripped higher here right above its 50-day moving average of $117.07 with above-average volume. This move pushed shares of MELI into breakout territory, since the stock took out some near-term overhead resistance at $125.30. Shares of MELI are now quickly moving within range of triggering another big breakout trade. That trade will hit if MELI manages to take out some more near-term overhead resistance at $130.74 with high volume.

  Traders should now look for long-biased trades in MELI as long as it's trending above $125 or $124 and then once it sustains a move or close above $130.74 with volume that's near or above 479,008 shares. If that breakout triggers soon, then MELI will set up to re-test or possibly take out its 52-week high at $136.52.

source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-international-stocks-for-2017.html