craig_percoco

MRK Short

Short
NYSE:MRK   Merck & Company, Inc.
Short based of channels and fibs

My Entry: 75.07 (any entry under 75.00 is okay)
Stop Loss: 78.00
PT: 61.00 area
Risk/Reward: ~1:7

This trade has a low probability of working, but it does fit my system, and if it moves in my direction the reward is very high. This trade will most likely take 6 months to a year.
Trade closed: stop reached:
Stopped Out @ $61.00

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