Ready to fly! Next quarter’s earnings estimate for MRK is €2.31 with a range of €2.16 to €2.50. The previous quarter’s EPS was €2.32. MRK beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 40.32% of the time in the same period. In the last calendar year MRK has Outperformed its overall industry.(source:tipranks)
Uptrend It is a good passing out from a price level and getting buying position has low amount of risk. Entry suggested by setting SL at a good place and targeting at about 230 as the first one.
Let's look for a close at the crossed point for the rise. Pay attention to the wedge indicator resistance in the weekly time frame.
Uptrend Ending correction on 50-61.8 fib ret and entry to new uptrend. Good buying opportunity by setting SL at around 150
After a correction, I expect that now a strong upward movement will follow.
📌Merck fundamentally strong picture, many postiive reserchs are maked in last periods, +revenue is be higher in last periods. 💡 MRK technically based idea, we can see price is BREAK first SUPP zone, technically indicators showing we can expect higher bullish continuation, based on technically readings expecting to see higher bullish continuation till targets...
Was researching the bio reactor space following the recent results of Sartorius and found that they three key players are Merck, Sartorius and TMO. Definitely not cheap, but the cheapest among peers, with solid fundamentals. A trade to watch out in dips.
Merck (GERMANY) - It is in 3rd of 5th wave of the impulse sequence as conservative count. The next three wave correction will be good opportunity to get in to uptrend for 5th of 3rd of 5th wave near the zone 168-165.
Shorting MERCK here as it seems overbought on RSI and MACD
MRC - It is within ABC correction after completing Impulse up cycle. Stay bearish on small bounce of B wave for C wave down for target below 130. Give thumbs up if you really like the trade idea/analysis.
Monthly Uptrend Weekly Uptrend Daily range with no clear TP and orientirs Trade possibe but with tight SL and speculative. Wait for formation
-> Analysis of 14 Sep. -> Good Morning Friends, here my 4H-Chart idea to MERCK. Bullish outbreak Daily-Chart -> (all further information can be found in the chart) -> Please note: These analyses are not intended as investment recommendations! The analyses presented by me are in no way to be understood as financial advice! Please also note that you are always...