[MRK] Strong Bullish BiasMerck & Co., Inc.BATS:MRKharoonraeesFUNDAMENTAL ANALYSIS 1. Sales Increasing but NET-INCOME IS DOWN. Price is above FAIR PRICE VALUE. The NET-INCOME dropped in the last two quarterly reports due to R&D spending of MRK. 2. Overall a strong performing company with gradually rising sales and EPS 3. As per Seasonality, the best time to start purchasing is in Oct 2026, so better to wait in buying and rather place a BUY LIMIT order to have a better chance to buy cheaper. 4. Qualitative score is 8/10 TECHNICAL ANALYSIS 1. After making HH at 156.9. the price retraced to FIB level 23.6 and then started moving sideways. To be sure, it is better to either wait for the price to drop to FIB 38.2 for a BUY LIMIT order or let the price break upwards beyond HH to enter with BUY STOP order. 2. There is no BEARISH DIVERGENCE at Daily timeframe, hence the reason of strong bullish bias. 3. Price is making a Bullish Flag Continuation Pattern CONCLUSION 1. Good stock to enter both fundamentally technically 2. No big red flags fundamentally other than the fact that due to a large R&D expense the NET-INCOME fell in the last two quarter. But Sales revenue did maintain to grow. EPS is also on rising trend after a drop in the past two quarters. 3. Price has already moved higher to make a HH hence it is advised to either wait for more retracement or enter at bull breakout. TRADE PLAN OPTION#1: BUY LIMIT @ 140 (SL 125 and TP 175) - In order to Buy at a discount plus let the Seasonality play OPTION#2: BUY STOP @ 160 (SL 130 and TP 190) - To buy on surety of a Bullish Breakout NOTE: Adjust your SLs and TPs based on your Risk and Reward calculations