Merck & Co. Inc. is quickly approaching 89.80. We expect either a breakout through this line, or a rebound.

Merck & Co. Inc. is heading towards a line of 89.80. If this movement continues, we expect the price of Merck & Co. Inc. to test 89.80 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.