MMM The chocolate is melting. Short

3M CompanyNYSE

Description

⋅ Mar 1, 2020 6:20 AM

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.

Wave Analysis

Comments

TradingBean

⋅ Apr 7, 2020 10:51 AM

price is testing a strong support now where we could be seeing a limited upside and a push up to our first resistance level at 168.79 before a reversal, here's my view on it: tradingview.com/chart/MMM/fpyQpRbQ-MMM-Opportunity-for-Short/overall bearish bias for me too :)