Home About the company Daily reviews Trading ideas for 3M Co. (NYSE) 15.11.2019

Trading ideas for 3M Co. (NYSE) 15.11.2019

15.11.2019

Market Review

The stock is trading in the range of 365 and 150 moving averages directed downwards, which indicates a downward movement. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness. Breaking through the support level of 170.0 will result in the formation of a descending 123 pattern.

Trading recommendations:

Sell Below 170.00.

Stop Loss – 178.00.

Target levels - 159.50; 154.00.

Author: admin
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