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Is MRK likely to continue higher? New 52 Week Closing High shows up after a relatively flat session
MRK closed up 0.09% on Monday, August 17th, with volume running 0.7× below average. Multiple bullish signals emerged — New 52 Week High, Upper Bollinger Band Walk & New 52 Week Closing High — suggesting potential strength ahead. Key support levels exist at 134.62, 133.28 & 132.0, with resistance at 137.24, 138.52 & 139.86. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of MRK: A
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