Merck & Company (MRK): Building Strength, Paving the Way for Potential Upside
$86.28
Merck & Company (MRK): Building Strength, Paving the Way for Potential Upside
31 Oct 2025, 11:49
From a technical aspect, Carbon has a somewhat strong bullish set-up. Risks do remain though. Support sits below at $82.50 followed by $80. RSI reads 44 with MACD turning positive setting up a bullish rally. Carbon has broken the down-trending triangle pattern and has come back to test support, where it looks to now push higher. Initial targets are $85.20 followed by $90.30.