MRK Short using Inside Bar on Daily (Trade has tight stop)

BATS:MRK   Merck & Company, Inc
Short MRK at above $41.25. Stop on a daily close above $41.66. We have the benefit of a tight stop. Target one is $40 take half off. Target two (final target) $38.34.

20ma is also crossing 200ma. Stock below all moving averages. Stock looks weak and poised for more downside.


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