Merck & Co. Inc. has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 31 days and suggests a target line to be around 73.91 within the next 3 days.
Related Posts
NFLX – approaching a support line that has been previously tested at least twice in the past
A Falling Wedge pattern was identified on NFLX at 1178.335, creating an expectation that it may move to…
After testing 743.9550 numerous times, META has finally broken through. Can we expect a bearish trend to follow?
META has breached the support line at 743.9550. It may continue the bearish trend towards 708.9245, or, it…
Interesting opportunity on PFE after breaking 24.416999999999994
This trade setup on PFE is formed by a period of consolidation; a period in which the price…