MRKD trade ideas
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.
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)
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
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.
MRK - Too Good To Be True?The price here has focused into the obvious descending triangle for almost about a year now!
It is not obvious if it will hold or not, but the current company health especially regarding profitability along with price action point towards a downward move, especially after the bullish momentum over the last couple of days.
This play is being taken to play on the chance that the stock continues to retrace some of its gains from the past week, ideally before the next earnings report.
Let's see how it goes down; it should be a very short-term trade.
Stop @ 60.13
Target @ 57.09
Merck Inc Shares (MRK) LongThis instrument is technically ripe and poised for a bull run, watch the play over the coming days... a fantastic bull ride will start on Monday open
MERCK shares Buy IdeaMERCK shares Buy Idea @Monthly Demand Zone (49.21 - 44.065)
Buy Limit: 49.25
Stop Loss: 43.90
Take Profit: 56.37
Are the bulls coming?Prìce is testing this old support zone and leave one strong bullish candle today. Some bull power can be expected for next days.
Dow drops once again #31 (MRK)Technical Concept: Support broken becomes Resistance (Red Arrows= Resistance) (Blue Arrows= Support)
I not use sophisticated Technical jargon in an attempt to "Persuade" and "Impress" the reader because I not a Charlatan
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the reader with my knowledge because I not a Tutor or Mentor.
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Who I am?
I am End of Day Analyst and Stock Picker, I support myself in Charts, but I not self-proclaimed Technical Analyst Expert
I do not fall into the mistake of comparing and affirm that Technical Analysis is better than Fundamental Analysis .
I am a person without Higher Education, and not have Math Skills.
I am a right brain oriented person and I focus in my strengths, for this reason I use Charts and
I no try to become a Quantitative Trader, since it is a lost cause, in my case.
I dedicated 10 lonely years of deliberate practice and in this process, I eliminated all kind of thoughts.
I open and reset a lot of Demo Accounts for this purpose
I tried and practice with different Markets (Forex, Options and Stocks) with different Time Frames (Intraday, Scalping, Swing/Position).
I tried Mechanical Trading too, But definitely I am Discretionary Analyst or Qualitative, It took me years to know it, and a lot of books.
I've learned by myself, but I do not think I'm smarter than others, “Ego is a sin”
What I do?
I pick Stocks manually I watch one by one without the use of a Stock Screener
I follow approximately 1300 to 1400 Stocks , with different market cap
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I can put ideas in the desk of Professional Traders, the ideas are based in Price Patterns + Price Action,
and they can trade with your own system or set up
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MRK weekly 0.618 retracement and demand zone combinationMRK was one of my favorite companies to trade back to the days I worked for the bank.
It suffered almost 20% pulled-back from its peak, and it might be time to look for mid-term positions!
I would like to wait for daily reversal sign near 53-54 to long, with stop loss below 50.00
Let's see how it goes!
