Merck & Co. Inc. is moving towards a line of 69.78 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Merck & Co. Inc. continues in its current trajectory, we can expect it to reach 69.78 within the next 6 hours.
Related Posts
Extreme movement experienced on PFE. Check this chart to see what to do next
PFE has experienced an extremely big movement in last 21 days. It may continue the trend, but this…
A Triangle has formed, AMZN is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
AMZN is moving towards a resistance line. Because we have seen it retrace from this line before, we…
AVGO through 179.82032608695653. Is this a confirming a breakout? Will it continue its path in the current trend toward 203.4274?
AVGO moved through the resistance line of a Channel Down at 179.82032608695653 on the 4 hour chart. This…