Trade ideas
3M Company $MMM - investment idea 💡 This idea is based on my technical analysis only.
Do your research and trade on your own risk!
MMM Longin Demand Zone
EMA200 as Support Line
EMA50 above EMA200 as Support Zone
Entry 166
stop 162
Target 190
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
$MMM - golden cross, favorite in the group of golden crosses$MMM golden cross coming soon. It is a pattern I enjoy playing. No chart pattern or chart indicator is a guarantee.
Golden crosses on the horizon (within 1-35 days)
AA - I want in, but afraid
BAC
BOX
CARS
DBX
GE - Im in
HAS - Im in
LYFT
MLHR
MMM - Im in
NTAP
NTR - Im in
URG
WB
NNDM - Im in
ADS
BA
C
CONN
COTY
CRON
CSCO
EBIX
GNUS
JWN
M
MIXT
MO
NCLH
PSEC
SPG
UAL
WTFC
SPYD
EEFT
FNB
BNS
PRTH
YELP
RESN
Recently golden crossed and no where near entry or entry is still good to play the golden cross
OLN
RVLV
AXP
IMMR - Im in
DFS
EXPE
F - Im in
FBC
FCEL - Im in
IDEX
JPM
MET
MOS
STT - Im in
ULTA
WEX
Personal plays and cashed out today on golden cross:
IDEX +50%
MET +27%
ULTA +18%
3M, posiblemente alcista si...Posible momento técnico de entrada. De superar los 182$, entraría para un plazo de tres años. Me parece una muy buena compañía, con datos fundamentales que acompañan al igual que sus servicios.
Opinión personal no vinculante.
$MMM - early golden crossout of 23 golden crosses that I am monitoring, this is another for which I hold call options
$MMM - pulled back on a positive path$MMM is coming up on a golden cross, the technicals are not bad and fairly supportive to jump in now for a slightly longer hold time for some gains.
Thinking about finding a low buy zone for a call option out til Feb.
$MMM - looking good, may grab call option with tight stop lossStochastic and ATR are supportive
MACD is in a strong position
If we break resistance again, it becomes the support and may have some strong gains. The next resistance comes in around $179
My method is one that prefers to be touching the 20 EMA - however, when there are so many other indicators, I do sometimes jump in without a touch of the 20 EMA
MMM 11-17-2020 daily trade idea MMM got a spike to the upside in the last part of the day, if we see the daily time frame is in a break out mode, for that reason, today can be a rotational day between 172,05 -173,75 and i would like to see a break above 173,75 to get long
MMM Long, DemandDown below a sideway
Touched Demand zone.
Entry 158
Stop 154
Target 172
reward:risk=3:1
Stock traders better wait.
Earning date 10/27
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
breakout potential over 180 but for now you need to pay attention to this longterm down trend. good spot to add puts with a tight spot imo. respect the trend, because it is your friend ;) leave a like <3
Big breakout over resistanceOver the trigger and should yield a big move, possibly before earnings or after with a nice beat.
$MMM 3M Co. - Long Term Bull Flag, Bullish Options Activity$MMM 3M Co. - Long Term Bull Flag, Bullish Options Activity
3M slowly approaching a break out of a long term bull flag pattern on the weekly chart. Monitor for a close above $171.
Bullish Options Activity:
$5.3 M in $165.00 strike (ITM) Dec'20 calls traded today (18x OI)
$3.9M in $170.00 strike (OTM) Dec'20 calls traded today (8x OI)
Medium term target: $182.00 by year-end
Long term target: $220.00 by July'21
Note: This is NOT investment advice.
3M COMPANY SHORT📉 NYSE:MMM SHORT H4
🛒SELL BELOW = 157.95
🎯Target1 = 155.35
🎯Target2 = 153.75
🎯Target3 = 151.15
🛑Stop loss or cancel trade = 162.15
🙈Recommended risk = (1%-2%)
#MMM #MMMSHORT #SELLMMM
Our Stock of the Day / 3M CompanyToday we have a short setup to take; here, we will show a full explanation of it.
a) Before understanding this idea, we should take a look at the Daily chart
-The price reached a major reversal zone composed of a Daily descending trendline and a resistance zone
-Based on that, we can see substantial bearish potential towards the next support zone
-Having the big picture clear, we can develop our setup on the 30minutes chart
b) We have a corrective structure making a pullback on the resistance level and the broken ascending trendline
c) We have set our short orders below "C" at 158.8
d) The break-even is on the first fibo extension
e) We will close our position on the next support zone
f) The risk we are taking here is 1%.
Trade Safe, protect your capital, and always understand what you are doing!
