Those of you that are trend followers are probably eagerly watching 3m Co. to see if its latest 5.1% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 9 days move. Did you know that our social media feeds are updated only 3x per day, […]
3m Co. is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 63 days. If it tests this line again, it should do so in the next 3 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
Falling Wedge identified at 10-Jul-2019 16:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 164.29 within the next 22 hours.
3m Co. has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 19 days and suggests a target line to be around 168.76 within […]
3m Co. is heading towards a price line of 176.33 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could […]
Rising Wedge identified at 03-Jul-2019 13:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 175.78 within the next 14 hours.
Channel Up identified at 28-Jun-2019 14:30 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 174.56 within the next 2 days.
3m Co. is heading towards the resistance line of a Channel Up and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, […]
Triangle has broken through the support line at 24-Jun-2019 17:00 EDT. Possible bearish price movement forecast for the next 5 hours towards 172.55.
3m Co. has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 5 days and suggests a target line to be around […]
