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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Sat Oct 09, 2004 7:11 am Post subject: MRK chart |
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The recent MRK daily chart below indicates selling has about dried-up. MRK's volume and MACD indicate lower selling pressure, even when the market sold-off Thu and Fri. MRK may be in position to bounce, on less selling and some buying, to around 32 1/2, where there may be more selling and less buying.
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