Merck & Company, Inc.
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Merck VCP Breakout

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Nice VCP with up volume clean breakout good %risk for positioning. Didn't buy as market is terrible and don't like defensive names as they are just names in which institutions are hiding. Its a bear market and I just want to keep my eye sharp on the patterns I like to buy from and be ready for when we have more favorable conditions. Let's see if it holds the stop.
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Sold at break even to re risk portfolio
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Cup And HandlePivot PointsVCPvcppatternVolatilityvolatilitycontraction

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