Technical Analysis: Merck Could Be Breaking Out


Merck surged in late 2022 and consolidated during the first quarter. Now the drug maker could be breaking out.

The first pattern on today’s chart is the rally between mid-October and early January, which included a breakout to new record highs. MRK then pulled back and …

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Merck (MRK), daily chart with selected patterns and indicators, courtesy of TradingView.
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