3M Company LongMMM long position. Market touched a lower Lin Reg and below MACD on H4. Confirmation on H1 to take long position with 2 TP. Tp1 at $103 and 2nd at $112. SL at $97.14. Warning!!!! This content should not be interpreted as financial adviceLongby VL74Updated 224
3M bounce off of 2011 levels?With the lawsuit finally settled for 3M, the base that 3M has been forming might finally play out. Longer term position and play, RSI and MACD look good on the larger time scales. Stop below the lows. Longby ChartDudesUpdated 6
MMM looking pretty tasty2M chart for MMM is flashing a macro bottoming signal. As you can see, if one were to buy each time it flashed, it wouldn't have been a bad trade. I thought it was interesting and thought I'd share.Longby in3rti4Published 2
3M Company Is At Technical Support3M Company with ticker MMM has been trading bearish for the past 5 years, actually since the beginning of 2018, where we see a completed higher degree wave III. The wave structure from 2018 highs is in three waves A-B-C, which indicates for a higher degree wave IV correction. We can now see it sitting at interesting 90 support area, especially if we consider equal wave length of waves A=C that stopped at the former wave 3 swing high resistance around that 90 area. A recovery back above channel resistance line and 210 region would be definitely signal that higher degree wave V is in progress, which would send the price back to all-time highs.Longby ew-forecastPublished 10
$MMM - breaking out!NYSE:MMM Breaking out of the descending broadening wedge. Oscillators are in uptrend. Targets: - $120 - $130 Downside risk: - $95 Follow me for more charts and trade ideas. 🚀Longby PaperBozzPublished 2
$MMM yieahhGet your post its ready. Good Risk vs Reward. Monthly RSI, MACD curling up. Downtrend went on a clear A,B,C finding support close to the 78% fib marking a huge wave 2. Wave 3 let me surf you with my jetpack yieahhh.Longby rubfiguePublished 3
MMM Possible Wyckoff PatternMMM creating ST type bounces off of the $95 support area. Launching it into the Liquidity zone at $112. Rejecting that and pulling back towards the STs. If it follows the rules could follow a similar path to the yellow arrow. Currently this Thesis is supported by an ongoing Weekly Classic Bullish Divergence and potential Daily Hidden Bullish Divergence so far. Recently solving thousands of courts at once, 3M knows what they're doing and I believe Mike Roman is capable enough to turn business back around.Longby Ana_NSrPublished 3
MMM coming to important demand zonethis demand zone at 104.85 broke significant weekly supply zone. look for long at 104.85 . target would be around 125 DYOR before investingLongby man_d6798Updated 1
MMM LongEarning 4/25/2023 (Positive) Price near monthly support buy 103.5 Stop 99.5 Target 112, 124 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account. BuyToOpen 2023 Aug Call butterfly C110/130/150 Limit 2.70Longby PlanTradePlanMMUpdated 2
MMM BUYHello, according to my analysis of 3M stock. There is a wonderful investment opportunity. The stock broke the downward trend. The strong resistance at 107 was broken. Also, a very positive green candle formed on the daily time frame. Indicates a strong entry of buyers. good luck for everbodyLongby inv_market09Published 2
New LogoAs you all have probably seen, we have changed our logo and name! Shortly, we will go online with our website on which were are going to provide you with free daily market updates - more than one per day. But for the time being, let us look at the 3M chart where we can see an increasingly strong bullish impulse. It is important that the pressure is kept high until we confidently cross the resistance at $117.80. There, we should see a small setback, before the bulls take over again. It is important that the course remains above $92.38.Longby MarketIntelPublished 3
MMM 3M Company Options Ahead of EarningsIf you haven`t bought MMM here: Then analyzing the options chain and chart patterns of MMM 3M Company prior to the earnings report this week, I would consider purchasing the 105usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $2.93. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 4
3M - Bullish ZoneAs per technical analysis, the 3M can be touch $116, and if it's break and close above $116 then next target will be $120Longby rehankhananiPublished 3
$MMM Update Parallel Trend Break OutNYSE:MMM Update Parallel Trend Break Out. One of my favorite trades this month was NYSE:MMM breaking out. This stock is a long term play. We also have a algorithm buy alert. Longby AlgoTradeAlertPublished 3
Excellent Opportunity in MMM above 107.05Possible trendline breakout in MMM. It may move upward as depicted on the chart if it crosses 107.05 and trades above this level for 15 to 30 minutes.Longby KSLBrokingPublished 0
3M - BULLISH SCENARIOOver the last month, the shares of 3M Company, known for producing post-it notes, industrial coatings, and ceramics, have shown a modest return of +0.7%. While media reports or rumors about substantial changes in a company's business prospects can cause short-term trends and immediate price fluctuations, the ultimate decision to buy and hold a stock is often driven by fundamental factors. For 3M, analysts expect earnings of $1.65 per share for the current quarter, reflecting a year-over-year decrease of -33.5%. The consensus earnings estimate for the current fiscal year is $8.73, indicating a year-over-year change of -13.6%. This estimate has seen a slight decline of -0.1% over the past 30 days. Looking ahead to the next fiscal year, the consensus earnings estimate is $9.54, projecting a growth of +9.4% compared to the previous year's earnings for 3M. This estimate has increased by +0.3% in the last month. While earnings growth is a crucial financial indicator, sustainable growth in revenue is equally vital for a company's financial health. Without an increase in revenues over time, it becomes challenging for a company to maintain earnings growth. Therefore, understanding a company's potential revenue growth is essential. For 3M, the consensus sales estimate for the current quarter is $7.95 billion, implying a year-over-year change of -8.6%. The estimates for the current and next fiscal years stand at $32.11 billion and $33.35 billion, respectively, representing changes of -6.2% and +3.8%. 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. Longby legacyFXofficialPublished 1
$MMM Parallel Down Trend About To Reverse NYSE:MMM Parallel Down Trend About To Reverse? As this bull market progress you get sector rotation. For example profit taking in big Tech stocks. I have seen that consistently since this bull market started back in 10-13-2022, here is an example of a consumer products stock that pays a nice dividend yield. A bearish to bullish reversal is a technical analysis pattern that occurs when the price of a stock or other asset moves from a downtrend to an uptrend. This can be a sign that the market is about to change direction and start moving higher.Longby AlgoTradeAlertPublished 114
$MMM - what will it be?NYSE:MMM looks to be basing inside the descending broadening wedge. There is an overhang of hearing lawsuit. It looks like a coil spring ready to release. If the lawsuit is favorable to 3M, the stock can bounce to $130. On the other hand if the lawsuit went south, it can go to $83.👀ing. No position.by PaperBozzPublished 0
MMMThe stock forming a bottom here so we recommend to Buy dips , targets 217-230 Stop loss 91Longby agmaleldinPublished 0
3M: I Want to Break Free 💪3M wants to break free from the compound consisting of the red zone between $93.83 and $107.35 and the green zone between $92.38 and $105.93, where it has finished wave (II) in white. To achieve this, the share has already developed convincing upwards momentum, which should soon carry it out of the zone-compound and above the resistance at $117.80. There, 3M should complete wave (3) in red before a counter movement should take it back below this mark. As soon as wave (4) is concluded, though, 3M should resume the overarching ascent. However, there is still a 33% chance that the share could lose its momentum and tumble below the support at $92.38. In that case, we would have to reckon with a new low in the form of wave alt.(II) in white first before a sustainable upwards movement can start.by MarketIntelPublished 111
$92 will be MMM's strong support for long-term investor3M has made 30+ investments in start-up. One example of its investment is GrayMatter Rotobics: GrayMatter Robotics’ proprietary GMR-AI™ rapidly automates the high-mix, high-variability manufacturing surface finishing needs: sanding, blasting, buffing, polishing, spraying, coating, trimming, and inspectionLongby KhanhC.HoangUpdated 2
$MMM I'm Loving ItAnother wonderful long position was opened today being a 102c 6/23 expiry. Target for this is 107-109 minimum by expiration, but high hopes for 112,115,118 if the volume picks up!Longby Scoot_2949Published 3
Is there going to be a Big Bounce of 3M's stock ?Is there going to be a Big Bounce of 3M's stock ? This chart shows the weekly candle chart of 3M's stock since 2016. The graph overlays the top to bottom golden section of 2018. As shown in the figure, the recent low point of 3M's stock is just 4.000 in the top to bottom golden section, and the low point in 2018 and 2019 is just 2.000 and 2.618 in the golden section! Then, in the future, 3M's stock will face a Big Bounce trend, probably breaking through the low point in 2020 and reaching a new high in 2023!by Think_MorePublished 0