Merck & Company, Inc MRK

vmreyesa

Picture perfect cup with handle breakout. Market is very bad so taking 1/3rd partial profits at 1R and backstopping to breakeven. Next 1/3rd on 2R and let the last third run for a bigger.

TaPlot Premium

$MRK has a large base that goes back to Dec 2019 (zoom out) that has been showing impressive relative strength recently and could be finally ready to move and act as a leader if this market can catch a bid. Focus watch list stock.

jonwayne02

Looking waaaay back there is a giant cup forming... and now nearing ATH's... and forming a bull flag. Watching a couple points - want to stay inside this upward channel on the drop and want it to break through at the 2000 ATH. Super interesting chart. NYSE:MRK

Airecap_Hyper

Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $92.81 / $93.69 Target Price: $94.02 / $94.94 Stop Loss: $91.60

lauralea Pro

All time high is 96.69 from 2020. Overbought on weekly but not on the daily or monthly timeframes. There appears to be a bullish Bat at the Bottom before the move up in blue. Price took off at the .886 and has gone a long way since then. A Bat has it's reversal zone at the .886 and the A-B leg (retracement of the impulse wave) retraces 38.2% to 50% of the...

Diplo1986

Nice reclaim of lower vwap band after consolidation phase - Target 100$

vmreyesa

Nice VCP with up volume clean breakout good %risk for positioning. Didn't buy as market is terrible and don't like defensive names as they are just names in which institutions are hiding. Its a bear market and I just want to keep my eye sharp on the patterns I like to buy from and be ready for when we have more favorable conditions. Let's see if it holds the stop.

cdarbonne3344 Pro

VCP action. don't like the higher vol last few days though.. took pos.. sold some and now risk free, if it comes back and hits my stop im out break even. nothing gainned but free shot..

cletibals Pro

1) Formed a 19-year Cup and 2-year Handle - A bullish Continuation Pattern 2) Price shows massive tightening on the daily with relatively muted selling volume and larger buying volume spikes 3) Spectacular earnings acceleration and strong relative strength compared to the overall broad market 4) The index itself (SPY, QQQ, DIA, etc...) is short term oversold...

PennantTrading Pro

Bought a put and call of equal price in anticipation of a big move. High volume and open intent for $90 calls.

EPSMomentum Premium

The PEAD projected a Bullish outlook for $MRK after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%.

CheelooTrader Pro+

Monthly chart is showing nice accumulation at the ATH. Everything seems to favor a breakout that should last a while. Keep an open mind...these are golden set ups and offer plenty of time to enter. Ideal entry is breakout and back-test.

Airecap_Super

Desicion to Buy. Entry Price = $86.26. Target Price=$87.69. Stop Price=$84.83.

mikkimead

NYSE:MRK seems to be tracking right along this path. It will be interesting to see how high it goes if they have solid earnings. And even more interesting if the stock goes down as it approaches the dividend like it has the last 3 times...

mikkimead

MRK still following the pattern, but when will it top??

mikkimead

MRK keeps tracking up this line...I am thinking if it keeps going, it should peak around 82ish, then plateau before dropping? We shall see....

mikkimead

Possible 24th of March peak, then maybe a plateau until next earnings on April 28th?

EPSMomentum Premium

The PEAD projected a Bullish outlook for $MRK after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 71.43%.