MMMGood consolidation since 2009 and price correction after making high in 2018
now it has formed large parallel channel. If it sustain 145-155 zone then it may stay get double in 2-3 yrs
0.652 USD
−2.55 B USD
11.90 B USD
About 3M Company
Sector
Industry
CEO
William M. Brown
Website
Headquarters
St. Paul
Founded
1902
ISIN
ARDEUT110293
FIGI
BBG000DDG3P5
3M Co. is a technology company, which manufactures industrial, safety, and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, Consumer, and Corporate and Unallocated. The Safety and Industrial segment consists of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation and Electronics segment includes electronics, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care solutions, separation and purification sciences, health information systems, inhalation and transdermal drug delivery systems, and food safety products. The Consumer segment covers consumer healthcare, home care, home improvement, and stationery and office products, such as consumer bandages, braces, supports, respirators, cleaning products, retail abrasives, picture hanging, and consumer air quality solutions. The Corporate and Unallocated segment refers to special items and other corporate expense-net. The company was founded by Henry S. Bryan, Hermon W. Cable, John Dwan, William A. McGonagle, and J. Danley Budd in 1902 and is headquartered in St. Paul, MN.
MMM Swing Long setup - Mmm is currently setting for a compressed leap
- Enter around 97-98$ where the FVG should be filled
- Risk to reward looks favorable
- Keep your risk concentrated to 2%
- Dow Jones should retrace this should initiate more better and conservative entries
MMM ready to pack your rocketMMM which was in demand zone of 2014 levels finally giving a break out. day close at 107 levels will zoom to easy 128 levels which is first resistance
look for the best entry and go for itbreakout or towards previous support
wait for the perfect entry and plan a proper stop loss setup
MMM | short | Daymain trend->down
after feeling the gap stock is continuing it's main trend.
short in MMM.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where MMMD is featured.
