Guys, I’m taking a long on $MERL here. Price has broken out strongly from the recent consolidation and is now testing the $0.02465 high. If buyers keep control and the breakout holds, the next upside levels could come into play.
Entry: 0.02420–0.02455
TP1: 0.02520
TP2: 0.02600
TP3: 0.02720
SL: 0.02320
I’ll secure some profit at TP1 and let the remaining position run if the momentum stays bullish.
Buy and trade
$BTR
$TUT