Trade Plan: Long Opportunity in Q2-Q3 2025Optimal Entry Zone
$90-$95: A strategic accumulation zone for long-term positions. Monitor for reversal patterns (double bottom, bullish engulfing candlesticks).
Targets
$110: First resistance zone (aligned with the 200-day SMA and Ichimoku Base Line).
$124.65: Analyst average price target and major resistance. Represents a potential 27% upside from the current price.
$140+: Long-term stretch target if bullish fundamentals align.
Stop Loss
Below $84, as a breakdown of this level could indicate extended bearish momentum.
Patience is critical for this setup. Allow the stock to establish a firm bottom around $90-$95 and wait for confirmation of reversal via technical indicators or bullish news catalysts. If the sector strengthens or macroeconomic conditions favor defensive stocks, Merck could provide a solid long-term opportunity in 2025.
