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 low
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 low
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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.
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.