hard to say on MRK, one could look at some over 63.75 as there's
a level there on the 60 min, then add over the 64 high.
That's a new all time high so hard to say. I'd just scale out
of some, give logical stop based on MA's and candlesticks, have to
see how it behaves after it breaks out
MRK long idea
Posted by matt on 22nd of Aug 2016 at 09:39 pm
MRK - Chart Link - daily
MRK - Chart Link - best viewed on the 60 min time frame, one trigger is over 62.75
MRK
Posted by onefourdroopy on 23rd of Aug 2016 at 09:22 am
Matt
what would be the target on MRK on breakout? thanks in advance for all your help
hard to say on MRK,
Posted by matt on 23rd of Aug 2016 at 09:56 am
hard to say on MRK, one could look at some over 63.75 as there's a level there on the 60 min, then add over the 64 high. That's a new all time high so hard to say. I'd just scale out of some, give logical stop based on MA's and candlesticks, have to see how it behaves after it breaks out
MRK
Posted by onefourdroopy on 23rd of Aug 2016 at 09:59 am
Thanks