3m Co. is heading towards a price line of 172.42 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
After trying numerous times in the past, XOM finally breaks 118.6100!
XOM has broken through a line of 118.6100 and suggests a possible movement to 117.3360 within the next…
V – approaching a resistance line that has been previously tested at least twice in the past
Emerging Rising Wedge pattern in its final wave was identified on the V 1 hour chart. After a…
Could a large bullish move on CVX be a sign of things to come?
Those of you that are trend followers are probably eagerly watching CVX to see if its latest 8.63%…