MRK - Oversold on 60 min and getting close on the daily
MRK - 60 min chart is set up perfectly for a bounce. This is a higher risk trade as the daily stochastic is still looking for lower. Will get long via Calls on any weakness on Monday 5/8.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.