MERCK $ CO Accurate Analysis When the first ABC correction was over we saw the bearish move. Now a smaller ABC correction may be finished and we can expect the next move. I will keep updating this chart if necessary. Comment, like follow for more accurate ideas. Thank you by abel11121222
Traditional|MRK|Long and short *High riskLong and short MRK Activation of the transaction only when the blue zone is fixed/broken. Working out the local support and resistance levels of the triangle. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %. The breakdown of the upper blue zone - long. Breakdown of the lower blue zone - short. Working out the stop when the price returns to the level after activation + fixing in the red zone. Blue zones - activation zones. Green zone - take zone. The red zone - the stop zone. Orange arrows indicate the direction of the take. Red arrows indicate the direction of the stop.by Henry_RossUpdated 221
$MRK ELLIOTWAVESMy current waves on $MRK 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. -MarketbeatLongby SigCharts1
Long | MRKNYSE:MRK Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%.Longby shkspr110
Short Term Idea (Jan 4th 2021 through May 2021)Merck (January 4th 2021 through May 2021) Low: $79 High: $87-$96 Here's my shorter term idea for Merck, couple different possibilities but it does look like it has some gains to make, perhaps all the vaccine news was just at the start. Long term idea is attached below in related ideas: Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!Longby Hambooger0
Long Term Attempt (Jan 2021)Merck (January 2021+) Low: $41 High: $140 I expect this could be very wrong but I think its still good practice to try and look at major trends before looking at sub-waves. To me it looks like either some sort of giant H&S at the moment or could turn into a channel as well. Related idea has my short term 2021 forecast attached below: Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!by Hambooger0
Long Opportunity on MERCK & CONYSE:MRK appears to have found support on a trend line to the upside. Price is moving back up and I believe a long opportunity might be present here. Longby EF02110
IRON TARIHi guys! New Iron condor, chek my last trades, and get my script for free! Enjoy your wallet! Tari.by TARITRADEUpdated 1
MERCK & CO : BEARISH BAT PATTERN - POTENTIAL R/R 1.88% 🔔Welcome back Traders, Investors and Community! Analysis of #MRK If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Bearish BAT With potential Max R/R 1.88% A clear chart is Always the best business card for a trader. *** Your support and feedback will always welcome Thank you for your time. The information contained herein is not intended to be a source of advice or credit analysis Regards, WalterShortby FOREXN1554
Looking for 82's to trade. Took some calls and will add shares if we lose the trendline.Longby Barker0
it would definitely move outside 82.8/78.8- straddle / strangle Last price action is dodji and price is between two trends. It would move in one or another direction with good impulse. Buy options - straddle / strangle construction. i would use ATR to define ranges.by dilp79Updated 3
MERCK buy signals on D1.MERCK (MRK), D1: Support line + Side of Bollinger bands + Hidden divergence + 2 HammersLongby Dmitry_Nikolaev0
ABC Bullish Pullback Fishing LONG AFTER FALL IS COMPLETE from rising wedge pattern. There is NOT a clear uptrend yet. If it hits long entry price without an uptrend, Think twice before entering MRK has fallen from a bearish rising wedge and hopefully fall is complete. Beware that rising wedge pattern has completed it's fall and that C does not change Short interest is low It Does look like it is trying to bottom though Long entry only valid if price breaks entry point in a confirmed uptrend Possible targets 2 97.6 to 102.5 Possible stop below 78.2 Not a recommendation NV has decreased but usually increases if large players positions are threatened Short is lowLongby lauralea0
Fall from Rising and Narrowing WedgeThis pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. It differs from triangle as both trendlines slope up. It is most often bearish at the top NV has slacked off But short interest is decreasing so perhaps recovering and found support Just an observationby lauralea4
MRK .618 .382 TIME TO BUY AGAIN MERCK AND ALL DRUGS ARE NOW SETUP TO RALLY SHARP ONCE AGAIN i HAVE NOW MOVED TO A 85% NET LONG MRK AS OF THIS POST LOOKING FOR A VERY SHARP AND FAST RALLY OVER THE NEXT 20 TD Longby wavetimer2
MRK Long, at Demand Zone High quality Fresh Demand Zone ; Fib# 50% retracement Entry 81.5 Stop 79.5 Target 88; reward:risk=3:1 10/28/2020 Earning. I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate. Longby PlanTradePlanMMUpdated 111
IRON TARIHi guys, this iron condor is 3 weeks 7% strike Short legs are 79 and 91, our probability is 82% Enjoy your wallet! Tari.by TARITRADEUpdated 1