Since the end of February, the stocks of Merck continue to confirm the strong increasing trend. After the 15% growth without significant rollbacks, the correcting decrease seems quite real.
The "hanging man" on the chart together with overbought according to RSI supposes Merck’s rollback at least to the line of a rising trend which currently is near the level of 82,4.
This content is for informational purposes only and is not intended to be investing advice.
