๐ MRK โ STRONG RECOVERY & MA99 TEST! ๐ข
$MRK (Merck & Co.) is trading higher at 147.55 (+2.31%), printing a strong bullish expansion candle from the 144.09 low to hit a 24h high of 147.55, breaking above the 4H MA7 (145.69) and MA25 (144.71) lines while testing the major MA99 (147.51) resistance.
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 145.00โ147.00 (on a successful break/retest of the MA99 zone)
๐ STOP LOSS: 143.50
๐ฏ TP1: 150.42
๐ฏ TP2: 153.50
Are you buying this MRK breakout past the MA99 resistance, or waiting for a pullback? Let's discuss below! ๐
๐ Trade: $MRK
#MRK #Merck #StockTrading #BinanceSquare #LongSetup
$MRK (Merck & Co.) is trading higher at 147.55 (+2.31%), printing a strong bullish expansion candle from the 144.09 low to hit a 24h high of 147.55, breaking above the 4H MA7 (145.69) and MA25 (144.71) lines while testing the major MA99 (147.51) resistance.
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 145.00โ147.00 (on a successful break/retest of the MA99 zone)
๐ STOP LOSS: 143.50
๐ฏ TP1: 150.42
๐ฏ TP2: 153.50
Are you buying this MRK breakout past the MA99 resistance, or waiting for a pullback? Let's discuss below! ๐
๐ Trade: $MRK
#MRK #Merck #StockTrading #BinanceSquare #LongSetup