MERIT currently hit upper lock at 12.25. On the chart, cup and handle pattern is observed with neckline resistance lies at 13.95 upon break out next resistance lies at 15.60. Moreover, completion of the pattern can trigger the price towards 20.50.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.