MRK [merck & company ] bullishUS STOCK merk&company is in demand zone .its time to take long
drawn on liquidity = 97 $
target 97 $
6MK trade ideas
Merck Significant Upside on the cardsMerck has made a Kiss of Love in True Strength Indicator 1Day Chart. 1Day Fisher Transform has made a Double Bottom. 1W Fisher is already up.
A significant rise is on the cards. It has also come out of TRIANGLE pattern at Bottom.
A Buy at current level.
Target - 1Day Fisher Top (Few weeks).
Merck & Company: Channel Breakout & Target is 0.6 Fib, +13% ROIIn Merck & Company, a Rising Channel Pattern has formed, and the Trendline has Breakout below. The Target is the 0.5 or 0.6 Fibonacci Retracement levels, with the Potential to Achieve a +13% Profit.
MRK Price Action Trading AnalysisConfirmation for this Short Entry:-
1: Market Taking Rejection from Supply Area
2: forming Triangle pattern and Market taking pullback from upper trend line
