After four days of going down, MercadoLibre is up 2.2% today

After closing the previous trading day at $1,189, MercadoLibre is up to $1,215, which makes for a move of 2.2%/$26 today.

A look at other consumer discretionary stocks also shows bullish price action as Amazon is up 4%. Toyota is trading at $135.86 after ending yesterday's session at $133.58 (up 1.71%). Nike is trading at $120.47 after ending yesterday's session at $118.17 (up 1.94%).

The e-commerce marketplaces and online auctions operator has gained 39.43% since its lowest print of $612.7 earlier this year.