Merck Wave Analysis – 26 June 2026

Merck: ⬆️ Buy

– Merck broke pivotal resistance level 124.75

– Likely to rise to resistance level 130.00

Merck recently broke above the pivotal resistance level 124.75 (which is the upper border of the sideways price range inside which the price has been trading from February).

The breakout of the resistance level 124.75 continues the active intermediate impulse wave (3) which started earlier from the key support level 110.00, lower border of this sideways price range.

Given the overriding daily uptrend, Merck can be expected to rise to the next resistance level 130.00, target for the completion of the active impulse wave (3).