Tag: Merck

Merck: ⬆️ Buy – Merck reversed from support area – Likely to rise to resistance level 80.00 Merck recently reversed up from the support area between the long-term support level 73.35 (which has been reversing the price from the middle of 2020) and the lower weekly Bollinger Band. The upward reversal from this support area created the […]

Merck: ⬇️ Sell – Merck broke strong support level 81.30 – Likely to fall to support level 75.00 Merck is under bearish pressure after breaking the strong support level 81.30 (the former monthly low from February, which stopped the earlier impulse wave 1). The breakout of the support level 81.30 should accelerate the active downward […]