MRK ... recently, we have seen Merck plumb new depths on its price chart and now some of the US analysts are looking at this stock, as a long-term buy.
As always, market timing with MRK will be critical, with a well priced entry minimizing the downside risk ..... :)
Over the next couple of months MRK should have some positive news with regard to company changes, but any share price rally will likely be limited.
A medium-term view of MRK should see a mostly flat share price, into mid-August 2006, where we may see the lows behind us ..... by September 2006, MRK chart should have the price started on a new uptrend.
Here's some key time cycles to use as confirmation of our regular technical analysis and to help gauge the short-term swings ahead:
05 December 2005 ..... alert for positive news/moves.
23 December 2005 ..... positive news
27-30 December 2005 ..... significant and negative move???
03 January 2006 ..... minor
05-09 January 2006 ..... significant and negative move???
12 January 2006 ..... minor news ???
30 January 2006 ..... significant and negative news???
01-02 February 2006 ..... significant and negative move
16 February 2006 ..... minor news
03 March 2006 ..... minor move
13-14 March 2006 ..... positive move ???
20 March 2006 ..... negative and finance-related???
27 March-12 April 2006 ... a prime time to hear about some new technology in the pipeline from MRK.
03 April 2006 ..... positive news/moves ???
18 April 2006 ..... changes in finances ???
25 April 2006 ..... more positive news???
03-08 May 2006 ..... 2 negative cycles here.
12-22 May 2006 ..... significant and negative move, despite some positive financial data, around 15 May 06 ???
25-26 May 2006 ..... minor and positive news???
02-05 June 2006 ..... minor and positive move??
09-12 June 2006 ..... minor and negative - finances???
23-26 June 2006 ..... short, sharp rally here??
05 July 2006 ..... 2 positive cycles - finances???
14-25 July 2006 ..... MRK price flat-to-down move
28-31 July 2006 ..... minor financials ... ???
04-07 August 2006 ..... significant and positive, at lows ...???
11 August 2006 ..... minor
18-29 August 2006 ..... significant and positive news, with a final blow-off downward move, by 29 August 2006 ???
From September 2006, MRK should see an improved outlook ...:)
happy days
yogi
:)
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