Merck&Co shares price reacted to the $37.55-$38.00 support area and the last session showed surging volumes on a +0.96% day.
The mid-term outlook shows a rising trend, with higher highs and higher lows and the T1-T2 corrective channel provides a good opportunity for trend resuming.
The first resistance is in the previous highs area ($39.40) but the main target is in the $41.20-$41.50 area.
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