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

Merck & Co. Inc. has broken through a support line of a Triangle and suggests a possible movement to 90.40 within the next 16 hours. It has tested this line 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 12 days.