The breakout of 3m Co. through the resistance line of a Channel Down could be a sign of the road ahead. If this breakout persists, we expect the price of 3m Co. to test 193.76 within the next 6 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, 3m Co. has finally broken through. Can we expect a bullish trend to follow?
