Falling Wedge on 3M daily chartMMM looks to be forming a falling wedge which is a bullish pattern waiting for it to test the lower trendline before entry.by rherricks113
3M is Near Bottom Valuation3M stock is considered very cheap as it is traded at 3.5x PB ratio. Even though the company has an decreasing future net income, it still has pretty strong revenue. 3M price is moving downward faster than it's strong fundamental. So it left room for potential upward gain, as it is now considered cheap in term of financial valuation. What is needed by the company is just a reduction of the cost and operate more efficiently. It that could be done I think 3M price could bounce up strongly. We are using Stock Value Rainbow to evaluate stock valuation based on four valuation metrices: book value, earning, dividend and cash flow. The rainbow color depict the multiples values of all these four factors sum up together. The rainbow above the gray lines represent 1x, 2x, 3x, .., 10x of stock value. While rainbow below the gray line represent 0.8x, 0.6x, 0.4x, 0.2x stock value. The higher the value the more expensive the stock, the lower the value the cheaper it is according to these fundamental or financial valuation metrices.by danny_peanuts0
3M making its way into buy range3M coming inot deep value going back to 2009 areas, nice divedend yield 5%, great exposure with a divedend distribution slated for 4/24/2023, Im setting p alerts at 93 but plan on scaling in small today, daily and weekly can set the pivot, with an exit plan in mind Longby TheRealMongoose1
3M good buy3M is an American multinational conglomerate operating in the fields of industry, worker safety, U.S. health care, and consumer goodsLongby zrrsys2
3M - Which way$MMM well I'm watching and waiting. These charts are just for my own use and provides a way to reflect and learn. ThanksShortby superiorJaguar248821
Potential down move on 3MMMLooking for a potential downside continuation move if support breaks. I like the $105 area for downside target and $120ish area IF the support holds. Shortby Marcell78550
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.Shortby legacyFXofficial222
MMM A good opportunity to long position and get a good profit from the attractive American stock market Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?Longby HamiratradingUpdated 4
3m sell signal3m sell signal 3M is an American multinational conglomerate operating in the fields of industry, worker safety, U.S. health care, and consumer goodsShortby zrrsys0
3M company elliot wave countHello This is an elliot wave count of 3M company chart in weekly TF Please tell me what you think about it Regards rezaby zamanidotreza1
MMM 16 DEC 120/125/130 BUTTERFLYSIDEWAYS RANGE TRADE SET UP: For the most part, this has been making relatively equal highs and lows between....let's call it 120 and 130. The 20 day and 50 day are flattening and it's not in any strong rally or strong pull back. I determined my target using the hour chart. I was thinking about having this expire this Friday, but I didn't feel that was enough time so I put it out until next week. I'm set up for max loss and risking only about 1% of my portfolio.by motaman1985Updated 1
MMM Long 2-2 Reversal on the DailyLooking at Calls tomorrow for MMM. It would switch TFC on the monthly to support it and the weekly by taking out PTs would also switch and become a failed 2. Entrys and PTs are marked for you. Longby Yourboydc1
Shorting 3M Oppurtinity 3m Can be sold until it Reached its Fair Value as a target, as explained in above chart. Don't take it for granted and, do your due diligence. Good luckShortby husamalahmadi110
Loading up on MMMBuying this high dividend yield stock as we are testing the support with very high volume. Longby FXbrawler2
MMM 3M Company Options Ahead of EarningsLooking at the MMM 3M Company options chain, i would buy the $120 strike price Calls with 2022-11-4 expiration date for about $1.68 premium. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 10
Did it reach the bottom?Its sitting right on weekly support now. It could have reached the bottom. There is also huge volume recently. It could hit 150.Longby babu_trader0
MMM. Long Term ShortMMM has been dying since I found it at $129. It has broken past both targets(Refer to previous MMM ideas). MMM is definitely down trending. Most likely it'll continue this way unless, there is a catalyst(positive news, etc) My next short term target price is $104. I do believe that we'll see $90 in the next 30 days. Entry: $109-108.50 1st Target: $104 2nd Target: $90 3rd Target: $70 S.L: $111(May have false break out to $115 Be patience. Be blessed.Shortby MaryBlossomJ3
3M LONG OPPORTUNITYArea 106-106.5 interesting cluster with confluence of level of percentages worked in the past. I will use a buy limit with a very close SL 0,5%. Longby bregall19650
MMM PutMMM has successfully broken $125.45 and is now trading below the resistance. Entry: $122.80-122.60 1st Target: $117 2nd Target: $114 -It should get to the target in the next 14-30 days. -Volume has decreased significantly today as well -I also see a nice head and shoulders pattern on the larger chart. Shortby MaryBlossomJUpdated 554
MMM Put MMM needs to close under $125 on the daily chart to reach it's next support of $114. Entry: 127-124 Exit: 120-115 Stop loss: $128.70 I understand the entry is pretty wide so just get in where you fit in. Try to wait for a leg up to at least $126Shortby MaryBlossomJUpdated 2
MMM capitulation almost here?!Similar to the SPX/ ES1 and Disney charts (among others), we seem to be on the verge of the scariest but best time to buy. Whether it's a bull-spring (fakeout) or an extended structure below the critical support of ~$124.7, looking left so-to-speak indicates that decades from now we will see these next few months as one of the best times to invest reasonable amounts into fundamentally strong investments. nfa dyorLongby lysergik0
MMM PutMMM hit it's resistance of $125 but, couldn't break it. Bull trap seems to be over. I am in a put. My entry was $123.30 Entry: 123-122.85 1st Target: 117 2nd target $115 I put my S.L at $124 I believe it'll hit this resistance this time. Shortby MaryBlossomJUpdated 2
MMM monthly frame (just thoughts)something to think about price action over the course of the next few weeks should make things a little more clear for what direction to tradeby JAMBCapital2