Merck & Co (MRK) signals a Short Entry Trade after some consolidation and finally closing outside of the 20 day price channel to the downside. Entry at $35.68 with an initial stop limit at $27.82 and a pyramid price at $24.61. July $22.50 Puts currently at $1.30 by $1.40.
Trade at your own risk with proper position sizing and risk management measures.
Showing posts with label Merck. Show all posts
Showing posts with label Merck. Show all posts
Wednesday, April 15, 2009
Subscribe to:
Posts (Atom)
