The breakout of 3m Co. through the support line of a Descending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of 3m Co. to test 141.54 within the next 20 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, 3m Co. has finally broken through. Can we expect a bearish trend to follow?
