would love some feedback, this catalyst and original chart was brought up originally by @tomikazi
It broke out of the downtrend channel and now is in wave 1.
Has a catalyst on Wednesday 1/20/21 PDUFA VII Decision for MRK's Vericiguat:
Merck Seeks Approval For Heart Failure Drug
Company: Merck & Co., Inc. (NYSE: MRK) Type of Application: NDA Candidate: vericiguat Indication: heart failure
Positive ER expected:
Merck & Co., Inc.'s earnings, with the lowest EPS estimate coming in at $1.32 and the highest estimate coming in at $1.38. Merck & Co., Inc. reported earnings of $1.16 per share during the same quarter last year, which indicates a positive year over year growth rate of 16.4%. The firm is scheduled to issue its next quarterly earnings report before the market opens on Thursday, February 4th. -Marketbeat
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