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

Trading ideas for 3M Co. (NYSE) 20.01.2020

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.

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