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MRK is in Trouble

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Hubert Senters here.

Let’s take a look at Merck. It’s in a little bit of a free fall and it atually gap down today which is Friday.

You’re probably watching this video on a Sunday because I record the weekend videos on Friday for you.

Overall, it does not look healthy at all. So you’ve got 7 days below the cloud. It’s a pretty good break.

And now, it’s gapping down so we call it gap out of us when you have a push or breakaway gap in the direction of something either good or bad happening.

You do have some support down here that it will probably bounce off of around $69.60 and or $68.53. I would use those a shortable targets to target to take some profits on.

Trade Thirsty is having a special webinar on a Toast To Traders Saturday, September 25th at 9AM EST. Your speakers are Silas, Mark, Serge and Steven.

Here are their speaking times and their subjects and their bullet points they’re going to be discussing.

Pick your poison or pick your favorite or pick one that you never heard of. And attend the webinar. In order to do so all you got to do is click this little orange-ish button.

And you’ve probably registered a webinar so I’m not going to tell you how to do that because I’m pretty sure you can handle it.

Good luck. Hope it helps. See you on the next video.

Hubert.

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