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Thursday, 8 December 2016

3M Company (NYSE: MMM): 8 December 2016, Thursday, 5.07pm Singapore Time

(Click on the chart above to enlarge)
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 

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.

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