MER - looks bullish with shaven white candle

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MER = 82 (5.1%)

MER formed a shaven white candle with higher low and higher high to close a previous gap down. Looks bullish.

MER seems to be headed for level of resistance as it moves upward from the 32-130-65MAs before it tries to test the supply / resistance line.

Resistance: 82
Support: 80

Good luck to all MER traders :)

Disclosure: got MER at the open at 80


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