MRK Merck On the Verge of a Breakout? Unusual Calls !!

Merck (MRK) is setting up for what could be a high-probability breakout. The stock has been in a falling wedge pattern for several months — a classic technical formation that often precedes sharp upside moves. Price action has now compressed to the end of the wedge, and we may be on the brink of a bullish resolution.

🔍 Technical Setup
Falling Wedge Pattern nearing completion
Price currently hovering near long-term support ($78.25)
Strong bullish divergence forming on momentum indicators (RSI/MACD)
The falling wedge is typically a reversal pattern, and given how deep MRK has pulled back from its highs ($134+), the risk/reward here looks compelling.

🔥 Options Flow
Today’s options market added fuel to the fire:
48,000 call contracts traded expiring this Friday
This sudden surge in short-dated call buying signals aggressive positioning for an imminent move
This kind of volume is not retail-driven — it points to potential institutional interest

💡 The Bullish Case
With the technical breakout structure in place and strong confirmation from options flow, the case for a bullish reversal is growing. If MRK can close above wedge resistance with volume, it opens the door to a quick move toward $85+, possibly even higher in the coming weeks.

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