Category: Forex News, News
3M price pierces pivotal resistance – Forecast today
3M’s stock price (MMM) rallied in the intraday levels, accompanied by a surge in trading volumes, while managing to pierce the pivotal resistance of $141.45, amid the dominance of the main upward trend in the medium term, with positive pressure due to trading above the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels.
Therefore we expect more gains for the stock, provided it settles firmly above $141.45, targeting the resistance of $168.54.
Trend forecast for today: Bullish
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
Share this article: