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Actionable news in MRK: MERCK & CO. Inc,

Here's Why Merck Has More Downside Ahead


Shares of Merck (MRK - Get Report) are breaking down today. The stock is off just under 2% as it begins to leave behind a rather ominous-looking top. This breakdown action has taken out the lower band of a solid bull channel that has been in place since early February.

It's likely that today's selloff has further to go. For patient investors, a lower-risk entry opportunity may present itself before next Thursday's...