JHVEPhoto In late July, Merck experienced a sharp, 15% decline following what appeared to be a five month distribution top. Many investors now believe Merck is going lower, but we don’t, at least not yet. The technical and sentiment indicators we follow suggest Merck is ready for a year-end rally that will carry it back to previous highs. If it does it will provide current holders a second opportunity to reassess the situation and either sell or hold for higher prices. It would also provide new buyers w ...