Merck formed a bullish engulfing

16 december 2021 141
Maria_Yudina
Maria_Yudina

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2nd in the segment "US stocks"
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Merck (MRK) price formed the bullish engulfing reverse pattern on the daily chart. MACD line has crossed from below to above the signal line, so the indicator is also considered bullish. A movement towards 80 is possible.

Maria_Yudina
Maria_Yudina

Listed among the best MarketCheese authors
2nd in the segment "US stocks"
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