3m Co. is quickly approaching 175.40. We expect either a breakout through this line, or a rebound.

3m Co. is heading towards a line of 175.40. If this movement continues, we expect the price of 3m Co. to test 175.40 within the next 15 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.