SwingTtrader

MMM long

Pembelian
NYSE:MMM   3M Company
MMM, has finally shown that it can trend higher from now onward. In the past few months, the stock has tried to break the green Resistance line at least twice, but it failed. In the last attempt, however, it successfully broke the Resistance. To me, it looks like this is a valid signal to take a long position because if you take close look to the volume, where the green arrow is pointed, you see a large number of shares exchanged when the Resistance is broken. My target price will be $195-200

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.