Technical Analysis: Merck Could Be Breaking Out

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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 …

For more, please click here to view the related idea and chart analysis on TradingView.

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