The movement of Merck & Co. Inc. towards 76.50 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
META reached 751.695 after a 5.55% move spanning 5 days.
META dropped sharply for 4 days, marking an unusually large move, exceeding 98% of past price shifts for…
CVX formed a Rising Wedge on the 4 hour chart. Retest of support in sight.
Emerging Rising Wedge pattern in its final wave was identified on the CVX 4 hour chart. After a…
ADBE likely to test 376.1100 in the near future. Where to next?
ADBE is moving towards a resistance line. Because we have seen it retrace from this level in the…