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3M Company (NYSE: MMM):
8 December 2016, Thursday, 5.07pm Singapore Time
Attached above is the technicals and fundamentals for 3M Company, a blue chip component stock of both the DJIA and S&P500 that is listed in the New York Stocks Exchange (NYSE: MMM):
LONG TERM:
UPTREND
MID TERM:
Correction Ended for Resumption to UPTREND
SHORT TERM:
Correction Ended for Resumption to UPTREND
Technicals:
Backtest of purple and blue supports successfully;
Break up the bullish flag of the flagpole-flag for an upthrust
Break up the bullish flag of the flagpole-flag for an upthrust
DNA Technical Rating:
Very Bullish with more upsides to come in 2017
To break out $180.00 resistance in the short term upmove as part of the mid-term and long-term upmove.
To break out $180.00 resistance in the short term upmove as part of the mid-term and long-term upmove.
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