Merck & Co. Inc. is moving towards the resistance line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Merck & Co. Inc. continues in its current trajectory, we can expect it to reach 81.94 within the next 3 days.
Related Posts
It’s time to make a decision on AMD – its recent breach of 156.4400 could be a sign of a new trend to follow.
The price of AMD in heading in the direction of 142.6520. Despite the recent breakout through 156.4400 it…
After testing resistance twice in the past, MRNA has finally broken through. Can we expect a bullish trend to follow?
The breakout of MRNA through the resistance line of a Falling Wedge could be a sign of the…
PFE heading towards a price it has tested 4 times in the recent past.
PFE is moving towards a key resistance level at 25.2000. PFE has previously tested this level 4 times…