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.
Related Posts
After experiencing a 39.8% bullish move in the space of 27 days, nobody knows where NVDA is headed.
NVDA has moved higher by 39.8% from 96.78 to 135.3 in the last 27 days.
XOM – approaching a resistance line that has been previously tested at least twice in the past
A Rising Wedge pattern was identified on XOM at 108.365, creating an expectation that it may move to…
If MRNA touches 26.2700 it may be time to take action.
MRNA is heading towards a line of 26.2700. If this movement continues, the price of MRNA could test…