Industrial conglomerate 3M ( NYSE:MMM ) has made a strategic move by appointing Bill Brown, former CEO of L3Harris Technologies, as its next chief executive officer. The decision comes amidst a challenging period for 3M ( NYSE:MMM ) , marked by declining sales and the looming repercussions of several lawsuits. With 3M's ( NYSE:MMM ) shares rallying nearly 7%...
Looks like it found support and may turn around - broke out of down trend line - Ichi cloud potentially crossing - bullish divergence on chaikin osc
Looking like a great pattern is forming. Expecting 108 by end of March Thoughts?
Hello I found this trade idea today. Price has created a wave pattern, and has now retraced back to former resistance level. I calculated the intrinsic value of the stock and got a final intrinsic value of 190 usd. I am therfore looking to go long in this stock
3M broke out of the descending wedge and seems to be rejecting the retest to the downside, if we hold we should see a retest of 94-95, then a test to 107.
I'll try to keep things as simple as possible here. Technicals: MMM seems to be a picture-perfect Elliott Wave Motive + Correction, as well as a 3-Month Perfected 9 TD Sequential bar. Potentially a good opportunity to buy or accumulate this stock. At least worth keeping an eye on. Fundamentals: 3M is a very integrated entity when it comes to other industries...
3M after suffering a massive hit this last month, and over 98% completion of the 3M earplug settlement is now starting to signal buying opportunities with massive divergence. I am also performing analysis with ratios in a college level class and see alot of upside potential sand free cashflows coming this year. Best of luck this is not investing advice.
3M is ready to reverse. A head and shoulders appeared on the 4-hour time frame. I think now is a good time to trade long term. Target 110 -120 USD If we will above to 150-160 USD.
Divergence on lower timeframe, looking for gap to be filled in the coming weeks
No bush is not president but 3M is hovering around $90.
In a recent quarterly report, multinational conglomerate 3M ( NYSE:MMM ) showcased resilience in the face of challenges, beating earnings estimates for the fourth quarter of 2023. The maker of iconic products like Post-it notes and Scotch tape reported adjusted earnings of $2.42 per share, surpassing the Zacks Consensus Estimate of $2.31 per share. This marks a...
MMM has been demonstrating robust financial performance, with earnings for the last two quarters coming in at $7.7 billion and $7.9 billion respectively. Currently, the stock is trading at the lower edge of its upper trend channel, indicating a potential buying opportunity for investors. Key levels to watch include $102, $105, and $112, which could serve as...
3M had a decent earningsreport, however investors were not happy with the lack luster revnue forecast for 2024. Largest selloff since 2019. This opens up a great potential play. Short term fib retracement to .618, Has potential to keep moving to the downside. However some strong support at 93. And a bottom support of 85. Now for the upside potential. Looking at...
In fact, everything is going perfectly for us and now is the perfect moment to buy a company for many years to come
3M has been in a downward trend since 2019. I found a good entry opportunity between 101 and 99 usd. SL with 15% at around 86 usd. All targets are listed, even if SL doesn't hold, 3M is a company that offers good long-term investments.
Long if price close above 10MA monthly chart. Price find support at a critical spot.
MMM has constantly failed to hold above the 200 ema on the day candles. I will be taking small positions averaging in. If there are a few open and closes above the 200 ema I will cut losses. Buying 100 and 95 puts for February
I entered a trade on NYSE:MMM yesterday as the stock pulled back to the previous diagonal resistance after the previous day breakout. Today the price seems to be continuing its bullish movement after a simple S/R flip. The moving averages are all sloping up showing short term bullish momentum. We see that the oscillators are overbought in the short term so we...