MERC - Mercer International Inc.(NASDAQ Stock) - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

**greencat** · #1 09-03-2009, 10:39 PM

MERC looks like its on the launching pad. Bullish set-up.

Chart MERC

Mercer International Inc.
650 West Georgia Street
Suite 2840
Vancouver, BC V6B 4N8
Canada - Map
Phone: 604-684-1099
Fax: 604-684-1094
Web Site: Mercer International - Page - Thu Sep 3, 2009

DETAILS
Index Membership: N/A
Sector: Consumer Goods
Industry: Paper & Paper Products
Full Time Employees: 1,515

BUSINESS SUMMARY
Mercer International Inc., together with its subsidiaries, engages in the manufacture and sale of pulp. Its products include northern bleached softwood kraft (NBSK) pulp, kraft pulp, and market pulp. The company operates three NBSK pulp mills, including the Rosenthal mill and the Stendal mill in Germany, as well as Celgar mill in Canada. Mercer International sells its products primarily in Europe, Asia, and North America. The company was founded in 1968 and is based in Vancouver, Canada.

lovemoney · #2 11-30-2009, 09:31 PM

Merc looks like it might be getting ready.

**greencat** · #3 02-09-2010, 09:38 PM

Quote:

Originally Posted by greencat

MERC looks like its on the launching pad. Bullish set-up.

Chart MERC

Mercer International Inc.
650 West Georgia Street
Suite 2840
Vancouver, BC V6B 4N8
Canada - Map
Phone: 604-684-1099
Fax: 604-684-1094
Web Site: Mercer International - Page - Thu Sep 3, 2009

DETAILS
Index Membership: N/A
Sector: Consumer Goods
Industry: Paper & Paper Products
Full Time Employees: 1,515

BUSINESS SUMMARY
Mercer International Inc., together with its subsidiaries, engages in the manufacture and sale of pulp. Its products include northern bleached softwood kraft (NBSK) pulp, kraft pulp, and market pulp. The company operates three NBSK pulp mills, including the Rosenthal mill and the Stendal mill in Germany, as well as Celgar mill in Canada. Mercer International sells its products primarily in Europe, Asia, and North America. The company was founded in 1968 and is based in Vancouver, Canada.

MERC making an upward channel- Be careful because it can become bearish up this high. Good as long as it makes higher highs.

**greencat** · #4 02-10-2010, 09:57 PM

Nice move today on merc. Chart updates auto.

Quote:

Originally Posted by greencat

MERC looks like its on the launching pad. Bullish set-up.

Chart MERC

Mercer International Inc.
650 West Georgia Street
Suite 2840
Vancouver, BC V6B 4N8
Canada - Map
Phone: 604-684-1099
Fax: 604-684-1094
Web Site: Mercer International - Page - Thu Sep 3, 2009

DETAILS
Index Membership: N/A
Sector: Consumer Goods
Industry: Paper & Paper Products
Full Time Employees: 1,515

BUSINESS SUMMARY
Mercer International Inc., together with its subsidiaries, engages in the manufacture and sale of pulp. Its products include northern bleached softwood kraft (NBSK) pulp, kraft pulp, and market pulp. The company operates three NBSK pulp mills, including the Rosenthal mill and the Stendal mill in Germany, as well as Celgar mill in Canada. Mercer International sells its products primarily in Europe, Asia, and North America. The company was founded in 1968 and is based in Vancouver, Canada.

**greencat** · #5 05-30-2010, 10:02 AM

MERC looks l,ike its going to rebound. At least to resistance. U pattern possible.

Chart MERC

Mercer International Inc.
650 West Georgia Street
Suite 2840
Vancouver, BC V6B 4N8
Canada - Map
Phone: 604-684-1099
Fax: 604-684-1094
Web Site: Mercer International - Page - Thu Sep 3, 2009

DETAILS
Index Membership: N/A
Sector: Consumer Goods
Industry: Paper & Paper Products
Full Time Employees: 1,515

BUSINESS SUMMARY
Mercer International Inc., together with its subsidiaries, engages in the manufacture and sale of pulp. Its products include northern bleached softwood kraft (NBSK) pulp, kraft pulp, and market pulp. The company operates three NBSK pulp mills, including the Rosenthal mill and the Stendal mill in Germany, as well as Celgar mill in Canada. Mercer International sells its products primarily in Europe, Asia, and North America. The company was founded in 1968 and is based in Vancouver, Canada.

**greencat** · #6 11-26-2010, 07:35 AM

MERC looks ready again. Getting ready to make higher highs IMO

Chart MERC

**greencat** · #7 04-04-2011, 08:55 PM

MERC has a cup and handle pattern. Expect it to breakout and make a nice move..

Chart MERC

Mercer International Inc.
650 West Georgia Street
Suite 2840
Vancouver, BC V6B 4N8
Canada - Map
Phone: 604-684-1099
Fax: 604-684-1094
Web Site: Mercer International - Page - Thu Sep 3, 2009

winnie · #8 04-05-2011, 05:53 AM

Thanks. but I do not understand it refers for what. can you explain more.

**greencat** · #9 04-05-2011, 06:17 AM

Quote:

Originally Posted by winnie

Thanks. but I do not understand it refers for what. can you explain more.

What Does Cup and Handle Mean?
A pattern on bar charts resembling a cup with a handle. The cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern has low trading volume.

As the stock comes up to test the old highs, the stock will incur selling pressure by the people who bought at or near the old high. This selling pressure will make the stock price trade sideways with a tendency towards a downtrend for four days to four weeks... then it takes off. Below is an example of a cup and handle chart pattern:

Cup and Handle Definition