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Big movement expected on Merck & Co. Inc. after a breach of 85.86

Merck & Co. Inc. has broken through a line of 85.86 and suggests a possible movement to 85.32 within the next 6 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.

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