$MMM - pulled back on a positive path$MMM is coming up on a golden cross, the technicals are not bad and fairly supportive to jump in now for a slightly longer hold time for some gains. Thinking about finding a low buy zone for a call option out til Feb. Longby katblatPublished 1
$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 EMALongby katblatPublished 1
MMM 11-17-2020 daily trade idea MMM got a spike to the upside in the last part of the day, if we see the daily time frame is in a break out mode, for that reason, today can be a rotational day between 172,05 -173,75 and i would like to see a break above 173,75 to get long Longby Five5AlphaPublished 1
3M, price was stopped out at breakeven, we are re-enteringRe-entry 3MLongby ForexTradingSchoolUpdated 2
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.Longby PlanTradePlanMMUpdated 3
breakout potential over 180 but for now you need to pay attention to this longterm down trend. good spot to add puts with a tight spot imo. respect the trend, because it is your friend ;) leave a like <3Shortby Vibranium_CapitalPublished 17
Big breakout over resistanceOver the trigger and should yield a big move, possibly before earnings or after with a nice beat.by SpinTradesPublished 0
$MMM 3M Co. - Long Term Bull Flag, Bullish Options Activity$MMM 3M Co. - Long Term Bull Flag, Bullish Options Activity 3M slowly approaching a break out of a long term bull flag pattern on the weekly chart. Monitor for a close above $171. Bullish Options Activity: $5.3 M in $165.00 strike (ITM) Dec'20 calls traded today (18x OI) $3.9M in $170.00 strike (OTM) Dec'20 calls traded today (8x OI) Medium term target: $182.00 by year-end Long term target: $220.00 by July'21 Note: This is NOT investment advice.Longby Triple_Barrel_CapitalPublished 2
3M COMPANY SHORT📉 NYSE:MMM SHORT H4 🛒SELL BELOW = 157.95 🎯Target1 = 155.35 🎯Target2 = 153.75 🎯Target3 = 151.15 🛑Stop loss or cancel trade = 162.15 🙈Recommended risk = (1%-2%) #MMM #MMMSHORT #SELLMMMShortby TradeHunt24Updated 1
Our Stock of the Day / 3M CompanyToday we have a short setup to take; here, we will show a full explanation of it. a) Before understanding this idea, we should take a look at the Daily chart -The price reached a major reversal zone composed of a Daily descending trendline and a resistance zone -Based on that, we can see substantial bearish potential towards the next support zone -Having the big picture clear, we can develop our setup on the 30minutes chart b) We have a corrective structure making a pullback on the resistance level and the broken ascending trendline c) We have set our short orders below "C" at 158.8 d) The break-even is on the first fibo extension e) We will close our position on the next support zone f) The risk we are taking here is 1%. Trade Safe, protect your capital, and always understand what you are doing! Shortby ThinkingAntsOkPublished 2
$MMM - choppy but a good overall strong buy$MMM has taken a hit in from the market uncertainty. Although the ATR is wack from massive selling, the stock overall is a strong stock with PE below 20 Once the stochastic reverses and the market corrects, it could be a nice addition both short and long term Longby katblatPublished 1
MMM LongI have posted a chart for this company few weeks back. MMM to me looks very intersting. Downtrend from 2018 is being broken after a long consolidation. Price just broke out of it today in a market down day. High volume. Trend indicators are showing momentum. Good company with fundamentals trying to turn around. F/PE not so attractive. But EPS expected to grow next year as we come out of Covid-19. I have not done any big research on its long term fundamentals but technical analysis is calling for a buy. This is a dividend paying stock. So liked by many. This is just an opinion and not a buy or sell recommendation. All posts are for educational purposes only. Please do your own homework before putting your hard earned money on the line.Longby RiainvestmentPublished 0
3m - Dividend Star - Long TradeHey everyone, 3m is one of the most suggested stocks when it comes to dividends. But also for traders there are decent opportunities atm. The stock goes along the support area, the RSI is on the buy side but not overbought but the trend aims up. The dividend is 3.5% and the company raised their dividend since the past 62 years. One could say, you can buy it now no matter what kind of investment style you have <3 Buy: Now / 162$ ( Stop: 159$ ) ( Take Profit: 182$ ) Much fun with that trade / invest! Leave a follow please, my goal is 200 :)Longby QuantinvestGERPublished 220
3M - MMM - Long IdeaI was asked about this chart and the technicals look great! Obviously this is a longer term play, but look at those areas of interest. Longby MattArmstrongUpdated 2
3m looks like it's getting ready for a run to the long side.Beautiful Medium term downtrend which was a correction when you see a larger picture is now broken after the consolidation. this new trend before the breakout started with completion of a Fib retracement. My only worry is I see market coming down for next few days which may impact on the strength of this stock. No matter what 3M is a good name. Would love to own at a cheaper price. This is just an opinion. Do your own homework before buying or selling any financial assets.Longby RiainvestmentPublished 2