Technical Violation/Volume Alert: Merrill Lynch (MER)
Today could represent a ket technical violation in shares of Merrill Lynch & Co. (NYSE: MER). Shares are down 10.5% at $24.65 as of 3:10 PM EST. We have seen almost 39 million shares trade hands, compared to an average daily volume of 28.7 million shares.
The key level to watch is $24.69. That isn’t a [...]
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