Earnings coming up: MELI and MNST

[Mike]

MELI and MNST report tonight after the close. I watch LEV patterns going into the reports. I show both here below. I note that MNST in particular shows a weaker pattern than MELI. I own MELI with a 5% profit margin and plan to ride into earnings. If the LEV pattern were flashing a warning I might choose a different approach. MNST however looks a little less inviting. It could be that the large player distribution is finished, don't know.