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3M Co. (MMM) bearish scenario:The technical figure Triangle can be found in the daily chart of the US company 3M Co. (MMM). 3M (originally the Minnesota Mining and Manufacturing Company) is an American multinational conglomerate operating in the fields of industry, worker safety, U.S. health care, and consumer goods. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products, electronic circuits, healthcare software and optical films. The Triangle broke through the support line on 20/01/2023. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 22 days towards 108.57 USD. Your stop-loss order, according to experts, should be placed at 129.63 USD if you decide to enter this position. Wall Street will be looking for positivity from 3M as it approaches its next earnings report date. This is expected to be January 24, 2023. On that day, 3M is projected to report earnings of $2.34 per share, which would represent year-over-year growth of 1.3%. Meanwhile, our latest consensus estimate is calling for revenue of $8.04 billion, down 6.69% from the prior-year quarter. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:MMMShort
by legacyFXofficial
2
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.23505 TP: 1.22859 SL: 1.24005 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
Short
by NationForexSignals
1
GBPUSD LongTime Frame: 4H Symbol: GBPUSD Entry: 1.23578 TP: 1.24716 SL: 1.22681 Bias: Long GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
Long
by NationForexSignals
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.22144 TP: 1.21211 SL: 1.22788 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most generally exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
Short
by NationForexSignals
GBPUSD LongTime Frame: 4H Symbol: GBPUSD Entry: 1.22285 TP: 1.23210 SL: 1.21673 Bias: Long GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
Long
by NationForexSignals