Home About the company Daily reviews Trading Ideas for 3M Co. (NYSE) 12.05.2020

Trading Ideas for 3M Co. (NYSE) 12.05.2020

#MMM

The general trend (at H1) is upward. The support level of 145.0 is holding back sellers. A downward truncated pattern has formed, and a bullish divergence has formed on Awesome Oscillator.

Trading recommendations:

Buy strictly while an ascending wave pattern is forming, where wave (A) breaks through the inclined channel of the descending truncated pattern, completing it.

Stop loss under the support level of 145.00.

Target levels: 150.76; 154.50; 158.82; 162.84.

The #MMM rate online: monitor the movement of the shares in real time.

Author: admin
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