3m Co. has broken through a resistance line of a Inverse Head and Shoulders chart pattern. If this breakout holds true, we expect the price of 3m Co. to test 172.16 within the next 21 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Breach of resistance could mean a start of a bullish trend on 3m Co.
