4MMM trade ideas
MMM 3M Company Stock Technical Analysis of Price by Z4Zachary Speculation into the future.
TRADING IS NOT SUITABLE FOR EVERYONE.
If you don't know what you're doing... TRADING CAN CAUSE YOU TO COMPLETE LOSE ALL OF YOUR MONEY.
Comment if you feel like it and have a great day!
This is an example chart demonstrating how I may choose a strike price when purchasing stock option puts
If you don't know what that is then you should trade demo.
MMM Longin Demand Zone
EMA200 as Support Line
EMA50 above EMA200 as Support Zone
Entry 166
stop 162
Target 190
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
$MMM - golden cross, favorite in the group of golden crosses$MMM golden cross coming soon. It is a pattern I enjoy playing. No chart pattern or chart indicator is a guarantee.
Golden crosses on the horizon (within 1-35 days)
AA - I want in, but afraid
BAC
BOX
CARS
DBX
GE - Im in
HAS - Im in
LYFT
MLHR
MMM - Im in
NTAP
NTR - Im in
URG
WB
NNDM - Im in
ADS
BA
C
CONN
COTY
CRON
CSCO
EBIX
GNUS
JWN
M
MIXT
MO
NCLH
PSEC
SPG
UAL
WTFC
SPYD
EEFT
FNB
BNS
PRTH
YELP
RESN
Recently golden crossed and no where near entry or entry is still good to play the golden cross
OLN
RVLV
AXP
IMMR - Im in
DFS
EXPE
F - Im in
FBC
FCEL - Im in
IDEX
JPM
MET
MOS
STT - Im in
ULTA
WEX
Personal plays and cashed out today on golden cross:
IDEX +50%
MET +27%
ULTA +18%
$MMM - looking good, may grab call option with tight stop lossStochastic and ATR are supportive
MACD is in a strong position
If we break resistance again, it becomes the support and may have some strong gains. The next resistance comes in around $179
My method is one that prefers to be touching the 20 EMA - however, when there are so many other indicators, I do sometimes jump in without a touch of the 20 EMA
MMM Long, DemandDown below a sideway
Touched Demand zone.
Entry 158
Stop 154
Target 172
reward:risk=3:1
Stock traders better wait.
Earning date 10/27
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.