Hubert Senters here.
Let’s take a look at Merck, MRK is the stock symbol obviously. The market gap down today. And then they close substantially higher. And this thing did not farewell. It’s a bad sign for this stock MRK.
It’s also drop below the cloud and it’s got some mild support, a little support down there $65 so take a look at MRK. It could potentially drop to $65 over the next several weeks since the market went up today and it did not follow.
It is losing its market proxy hope. Mark Helweg is going to be doing a special webinar on ‘How to Potentially Profit from Huge Market Moves’ Without Predicting the Direction. It will be happening Wednesday, June 17th at 8PM EST. I will HYPERLINK you to the registration form.
Good luck. Hope it helps. See you on the next video.
Hubert.
