Big movement expected on Merck & Co. Inc. after a breach of 90.00

Merck & Co. Inc. has broken through a line of 90.00 and suggests a possible movement to 90.55 within the next 17 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 10 days.