3m Co. has broken through the resistance line of a Triangle. It has touched this line at least twice in the last 7 days. This breakout indicates a potential move to 142.74 within the next 10 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
PFE – breach of price line that’s been previously tested numerous times before
A strong support level has been breached at 22.2000 on the 30 Minutes PFE chart. Technical Analysis theory…
META – It’s perhaps in these huge moves where the greatest opportunity lies
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
MRNA formed a Channel Up on the 4 hour chart. Retest of resistance in sight.
Emerging Channel Up detected on MRNA – the pattern is an emerging one and has not yet broken…