Home About the company Daily reviews Trading ideas for 3M Co. (NYSE) 20.01.2020

Trading ideas for 3M Co. (NYSE) 20.01.2020

20.01.2020

Market Review

The resistance level of 182.50 holds back buyers. A bearish divergence has formed on Awesome Oscillator indicator, and t Stochastic Oscillator indicator signals overboughtness. Breaking through the support level of 179.00 will result in the formation of a descending 123 pattern.

Trading recommendations:

Sell below 179.00.

Stop loss for the resistance level of 182.50.

Target levels:175.40; 172.00. Long-term targets: 159.50; 154.00.

Author: admin
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