Merck & Co. Inc. has broken through the resistance line of a Ascending Triangle. It has touched this line at least twice in the last 12 days. This breakout indicates a potential move to 82.45 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
ARTÍCULOS RELACIONADOS
After testing the support line numerous times, NFLX is once again approaching this line. Can we expect a bearish trend to follow?
NFLX is heading towards the support line of a Channel Up and could reach this point within the…
PFE – breach of price line that’s been previously tested numerous times before
PFE has broken through a resistance line. It has touched this line numerous times in the last 63…
After testing support twice in the past, AMZN has finally broken through. Can we expect a bearish trend to follow?
This trade setup on AMZN is formed by a period of consolidation; a period in which the price…