3m Co. has broken through a line of 162.15 and suggests a possible movement to 164.49 within the next 9 hours. It has tested this line numerous times 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 4 days.
Big movement expected on 3m Co. after a breach of 162.15
