MMM trade ideas
MMM The chocolate is melting. Terrible joke, but a bad look here for me. I expected this to be bullish after Trump mentioned the gov is buying a ton of mask from them. I don't see a good way to give wave C 5 waves at this point, so have to stay bearish on it.
3M COMPANY (MMM) DailyDates in the future with the highest probability for price direction reversals
MMM rebound setup...attempt #2 (hopefully adjusted for Corona)Same underlying theory as my last post on this one except the price point is more closely on point to historical movements. Taking a starter long MMM position with some short-term puts as a safeguard in case this isn't the bottom.
Beware the bear marketMMM and many others have been in a bear market since 2018. The virus toppling the big 5 tech will show you the TRUE weightage of the spx500 and the dow jones. TVC:GOLD up tremendously because of it and gold miners will inevitably follow. Prepare for complete index and index fund collapse. hedge with inverses such as NASDAQ:SQQQ and TSX:HQD , TSX:HUV and finally TSX:HGU longing gold and gold miners.
MMM XYAB and bullish gartley combination longMask factories around the world are facing very strong demand for Coronavirus.
For those in Asia that have been publicly offered, the stock prices had already soared for a while.
Meanwhile, 3M didn't really follow this topic in its stock prices but is still worth noticing.
Here we got this harmonic patterns combination with an inside day.
This inside day breakout trade would interest me a lot.
Let's see how it goes yo!
Hope my chart helped u to find resistanceSame chart from yesterday, down right hitting at resistance
Long way to goLot of resistance to clear , i hope it will make it to 170 to clear its way to the next ride
Long MMM for next month or soLooking for MMM to give a rally back up to the supply above. Wrong if it drops below 163is.
3M Prediction, Betting more sales on Virus MaskNo offense, due to the high volume factory orders on their Virus Mask, 3M should do well on their next earning report.
This corona virus is gonna last for a while....so...store some virus masks now
3M- bearish correction aheadRising wedge and bearish evening star formation are rocking the stock today. Hold steadfast to your shorts!
