Receive the latest alerts via email

A quick move expected on Merck & Co. Inc. as it starts approaching a support line of a Falling Wedge

Merck & Co. Inc. is heading towards the support line of a Falling Wedge and could reach this point within the next 6 hours. 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 levels.

Total
0
Shares
Previous Post

NAS100 is approaching a support line of a Channel Down. It has touched this line numerous times in the last 8 days.

Next Post
Trade of the Day: NZD/USD

Trade of the Day: NZD/USD

Related Posts