The movement of Merck & Co. Inc. towards the resistance line of a Ascending Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
After testing the resistance line numerous times, Merck & Co. Inc. is once again approaching this line. Can we expect a bullish trend to follow?
