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Big movement expected on 3m Co. after a breach of 180.83

3m Co. has broken through a line of 180.83 and suggests a possible movement to 177.83 within the next 5 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 7 days.

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