12:51PM Merrill Lynch notches new session high (MER) 60.69 +3.74 : Stock has run to a new session high in the aftermath of reports that it has hired a new CEO (see 12:08 update). It paused after a short lived breach of its 20 day exp at 60.85 (session high 61.10) but the pullback has been limited thus far. The next resistance of interest is at the top of its early Nov gap at 62.07.
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