Merck & Co. Inc. is heading towards a price line of 79.67 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
If NFLX touches 1180.9000 it may be time to take action.
NFLX is heading towards a line of 1180.9000. If this movement continues, the price of NFLX could test…
A possible move on BABA as it heads towards resistance
BABA is approaching the resistance line of a Channel Down. It has touched this line numerous times in…
Will BIDU break through the resistance level it tested before?
BIDU is moving towards a resistance line. Because we have seen it retrace from this level in the…