3m Co. has broken through a line of 199.37 and suggests a possible movement to 202.29 within the next 17 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 10 days.
Big movement expected on 3m Co. after a breach of 199.37
