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Trader_Joe_Lee

MRK weekly 0.618 retracement and demand zone combination

Long
Merck & Company, Inc. (NYSE:MRK)  
Trader_Joe_Lee Updated   
NYSE:MRK   Merck & Company, Inc.
Trend Analysis Chart Patterns MRK 618 Fibonacci Retracement Demand Zone
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trendanalysis chartpattern mrk 618fibonacciretracement demandzone
MRK was one of my favorite companies to trade back to the days I worked for the bank.
It suffered almost 20% pulled-back from its peak, and it might be time to look for mid-term positions!

I would like to wait for daily reversal sign near 53-54 to long, with stop loss below 50.00
Let's see how it goes!
Comment:
HUGE Demand ZONE!!!!!!!
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