Bottom FishingHow long will she go? Yearly low is 65.25.
Price has pierced bottom bollinger band set on 80 moving average. I noted MRK has done this before, but stayed below a while earlier this year, and drifted back inside as most always do. Some can fall out further than others before drifing back to the mean. Possible double bottom unless another low is made.
Last daily candle is a hammer
Not a recommendation
