years on the market

Trading ideas for 3M Co. (NYSE) 15.11.2019

The stock is trading in the range of 365 and 150 moving averages directed downwards, which indicates a downward movement. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness. Breaking through the support level of 170.0 will result in the formation of a descending 123 pattern.

Trading recommendations:

Sell Below 170.00.

Stop Loss – 178.00.

Target levels - 159.50; 154.00.

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