MMM potential Buy setup
Reasons for bullish bias:
- Price gave a strong weekly resistance breakout
- Price respecting daily trendline
- Playing DOW
- Positive Earnings
Here are the recommended trading levels:
Entry Level(CMP): 104.55
Stop Loss Level: 94.63
Take Profit Level 1: 114.47
Take Profit Level 2: 124.39
Take Profit Level 3: Open
- Price gave a strong weekly resistance breakout
- Price respecting daily trendline
- Playing DOW
- Positive Earnings
Here are the recommended trading levels:
Entry Level(CMP): 104.55
Stop Loss Level: 94.63
Take Profit Level 1: 114.47
Take Profit Level 2: 124.39
Take Profit Level 3: Open
Trade active
TP1 and TP2 both hit!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.