MRK Analysis - Rising Wedge

NYSE:MRK   Merck & Company, Inc.
Rising Wedge and Ascending H&S, leading to a break down over a weak uptrend line
down to the .618 Fibonacci line
Rising wedges and H&S patterns are both considered bearish

Attaching my thoughts about the ascending H&S


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.