MRK- Donchian Channel Breakout- Buy signalEarnings winner on Keytruda sales. In @ $77.00. Tight stop - half the way down on today's candlestick ~ $76.49. (I am not about to lose money on this one-much). Has support at $76.50 ish. Nice long strong uptrend, hopefully the momentum will last. Will close after a 2-3 day swing. Will trail stop @ the 3 ema if it continues up - surfing the wave. Target could be $80, about a 3.5R trade. Confirmation: RSI and stoichastics up - hopefully previous chop will resolve now that earnings is done. Longby KAS109Updated 0
Merck & Co. ... & Health & MedsThe stock appears to have formed a double wedge. It has gone up through 2018 and showed great resistance to market volatility. It has a great chance of breaking upper wedge and reach up the 52-week high. Remember that earnings date is coming and this may be the good catalyst for confirmation of the breakout which will probably happen before earnings.by SlimsyUpdated 1
MRKLooking like its running out of steam. Chart used for my own historical reference. Entered 74.40Shortby ntourney777Updated 2
MRK in a bullish flag patternI think MRK will continue to go up to $79 -$80 from its current price as it is currently in a consolidation status.Longby trad3r74Published 0
MRK Approaching Support, Potential Bounce! MRK is approaching our first support at 66.70 (horizontal overlap support, 100% fibonacci extension, 50% fiboancci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 74.94 (50% fibonacci retracment, 61.8% fiboancci extension). Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price. Longby TradeGATEHubPublished 23
Low risk setup for MRKWhy is this setup good? Strong contextual uptrend Price continues moving in the direction of main trend since it bounced at support EMA(100) and EMA(50) Momentum building on MACD 12-26, MACD signal line crossed the 0 line First reaction (contraction) since MACD crossover Trigger Candle testing EMA 3, 6 and 18 Low Setup Risk - just 1.29% in risk Entry rules: Buy Stop order or Manual Buy at 79.58 at the next interval(candle) open Cancel the order at the end of the day if 79.58 does not get triggered Stop Loss (S/L) level at 75.26 (adjust position size accordingly, don't risk more than 3% for your current account balance) Trade management -Move S/L to break-even when price CLOSES above 76.70 Exit rules: -Target 79.58 (Risk-Revard ratio ~3.41) Longby jorens.zileUpdated 2
MRK - SHORTHead and shoulder pattern, right shoulder looking like it is currently in formation. Currenly prices are right at previous resistance and support. If 76.38 is bounced from, short target is at the next level of support at 72.78 RSI and Stoch indicate market is strongly over bought, which further point toward a short play being the case over the next few days. Shortby Luke00Published 1
MRKEntered at 75.62 Chart used for my own historical reference, input welcome.Shortby ntourney777Updated 1
MRK ShortShort based of channels and fibs My Entry: 75.07 (any entry under 75.00 is okay) Stop Loss: 78.00 PT: 61.00 area Risk/Reward: ~1:7 This trade has a low probability of working, but it does fit my system, and if it moves in my direction the reward is very high. This trade will most likely take 6 months to a year. Shortby craig_percocoUpdated 1
MRK more upsideMRK shares are gaining alongside very bullish buy signals. This + a very strong sector should add to the momentum for higher share prices. DISCLOSURE: long MRKLongby LucasDowneyPublished 0
MRK breaks out to new 52-week highs quietlyThe Health Care sector has been showing very nice breadth. MRK remains a leader in this tape.Longby LucasDowneyUpdated 1
Eisai And Merck Announce FDA Approval Of LENVIMA® MRK: Merck 2018-08-16 16:11:00 Eisai And Merck Announce FDA Approval Of LENVIMA® (lenvatinib) Capsules For First-line Treatment Of Unresectable Hepatocellular Carcinoma (HCC)Longby RocketTickersPublished 2
MERCK shares Buy IdeaMERCK shares Buy Idea @Weekly Demand Zone (54.49 - 52.86) Buy Limit: 54.48 Stop Loss: 52.68 Take Profit: 59.27 Longby Mohamed_KabeshUpdated 4
Bearish Butterfly & Bearish SharkBearish butterfly (with bearish divergence) has completed and price transitioned into a small bearish shark. The bearish Shark is completing at a significant resistance level and showing reverse bearish divergence. Shortby jlb17ww2Updated 5
Long!On test of Support with positive trading. w/stop set on closing below the support areaLongby SigmaPicksPublished 2
Bearish ButterflyBearish Butterfly with bearish divergence. Purchased the July 60 puts @ .72Shortby jlb17ww2Published 3