3m Co. is moving towards the support line of a Falling Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If 3m Co. continues in its current trajectory, we can expect it to reach 164.61 within the next 8 hours.
Related Posts
AAPL likely to test 253.7800 in the near future. Where to next?
AAPL is approaching a support line at 253.7800. If it hits the support line, it may break through…
V formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
V is heading towards the resistance line of a Rising Wedge and could reach this point within the…
Extreme movement experienced on TSLA. Check the chart to see what to do next.
TSLA recorded a considerable move in the last day — one of its biggest in recent sessions.