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After testing 178.20 numerous times, 3m Co. is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of 3m Co. towards 178.20 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Important price line being approached by FRA40. This price has been tested numerous times before.

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Coca-Cola Co. has broken through support of a Rising Wedge. It has touched this line at least twice in the last 13 days.

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