The breakout of Merck & Co. Inc. through the resistance line of a Channel Down could be a sign of the road ahead. If this breakout persists, we expect the price of Merck & Co. Inc. to test 87.61 within the next 14 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, Merck & Co. Inc. has finally broken through. Can we expect a bullish trend to follow?
