They say never try to time a stock, this is true, as it is futile. They also say, don't try to time the bottom. That's correct, you can never time the bottom. You can however buy when you feel "the time is right". That's the case with 3M for me. Based on my chart, feel the time is right. Looking for a bounce of the 61.8% fib which has provided support previously.
Trade active:
Took profits.
Trade closed manually:
I'll be looking at SHORTING 3m soon. They have allowed the KN95 masks coming out of China to literally GUT their N95 mask dominance. Looking for cheap leap PUTS.
