3m Co. has broken through a support line of a Channel Up and suggests a possible movement to 167.62 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 19 days.
Big movement expected on 3m Co. after a breach of the support
