Updated: Dec 3, 2020

Merrimack Pharmaceuticals has a strong bearish signal in place as the chart is over extended. A short signal has now been confirmed on the 15 minute chart at 7:30.

If you're bullish. Use the 15 minute chart, a have range of 11 set for confirmation of exit strategy. If you're bearish.

Use the 15 minute chart, a have range of 8 set for confirmation of short strategy. News Nov 27 - Insider Purchase Extends Merrimack Pharmaceuticals Positive Trend (link)

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