3m Co. has broken through the support line of a Triangle. It has touched this line at least twice in the last 2 days. This breakout indicates a potential move to 159.65 within the next 7 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
A possible move on V as it heads towards support
The movement of V towards the support line of a Channel Up is yet another test of the…
If you’re long AMD you should be aware of the rapidly approaching level of 114.2000
AMD is approaching a support line at 114.2000. If it hits the support line, it may break through…
NFLX is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
NFLX is moving towards a resistance line which it has tested numerous times in the past. We have…