Short based of channels and fibs My Entry: 75.07 (any entry under 75.00 is okay) Stop Loss: 78.00 PT: 61.00 area Risk/Reward: ~1:7 This trade has a low probability of working, but it does fit my system, and if it moves in my direction the reward is very high. This trade will most likely take 6 months to a year.
44.99% ?? Inverse relationship to the SPY
The price here has focused into the obvious descending triangle for almost about a year now! It is not obvious if it will hold or not, but the current company health especially regarding profitability along with price action point towards a downward move, especially after the bullish momentum over the last couple of days. This play is being taken to play on the...
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!
I think $MRK offers a terrific low risk long here, a great biotech company to own in this particular juncture. $IBB is acting very strong, there is a monthly uptrend active currently in the sector, so, finding the strongest contenders will yield great returns going forward. Best of luck, Ivan Labrie.
After earnings, Implied volatility rank is still at 50 so looking to add premium to my portfolio theta I Sold the 65/62.5 Strangle on MRK. Trade: Short 65 Call Short 62.5 Put Collected $1.85 54% probability of profit Will look to close at 50% of credit received.
On April 19, 2017, Merck & Co ( NYSE:MRK ) crossed above its 150 daily moving average (DMA). Historically this has occurred 227 times and the stock does not always move up. It has a median gain of 4.139% and maximum gain of 18.194% over the next 16 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 40.4843....
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive drive.google.com 4XSetUps for next week - friday close (DOW 30 Index & all shares) Best regards :) Aaron
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive Break Downs (Dow Jones Index incl. all shares) drive.google.com Best regards :) Aaron
Multiple reasons making MRK is so attractive to buy stock or option calls. Elliott wave count show that iv wave in undergo and not yet overlapped with wave i. Other reason is the price puased at 38% fibo. Third reason the EMA 70 is hold price from falling. I am in in call option and when wave iv overlapped with wave i I will sell my position. Remember I am...
Long time trend line is supported, and MACD divergence in play. Trade with care as the stock closely correlates with DOW and SPX500. They are both pointing south though.
Forming Descending Wedge w/ Hidden Bullish Divergence in MFI
Merck fell into uncertainty on long term basis, but is on risk to fall on short term perspective. On long term perspective price is now in lateral range after it failed 10-year uptrend, by falling below 1st standard deviation from 10-year mean @ 54.65 (now the range upper border). The lower border of the macro lateral range is marked by 5-year mean, standing now...