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ivanwolfgang
May 13, 2022 4:44 PM

MMM Swing Idea Long

3M CompanyNYSE

Description

multi-month consolidation with MMM - ranges tightening, and with markets looking like a potential bottom has occurred (even if temporary) we may find enough gusto to break out.

Targeting approx 167+
starter position in October calls, looking for 155+ for size.

Obviously, this is not trading advice, just personal journaling of thoughts at this time with the information/candlesticks & indicators available.
This won't be one I follow closely - moreso one where we just set some alerts for 153, 155+ and ignore it until we hear that *ding*
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