The movement of 3m Co. towards 159.65 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 10 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
After testing support twice in the past, AMZN has finally broken through. Can we expect a bearish trend to follow?
This trade setup on AMZN is formed by a period of consolidation; a period in which the price…
Supports and resistances are primary concepts of technical analysis. TSLA is heading for an important price of 332.9500 – read about what this could mean for the future.
TSLA is moving towards a resistance line. Because we have seen it retrace from this level in the…
A Channel Up has formed, PFE is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
PFE is heading towards the resistance line of a Channel Up. If this movement continues, the price of…