The breakout of Merck & Co. Inc. through the 75.82 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Merck & Co. Inc. could test 73.18 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 75.82 numerous times, Merck & Co. Inc. has finally broken through. Can we expect a bearish trend to follow?
