CheelooTrader

MMM - Wedge Breakdown

Short
CheelooTrader Mis à jour   
NYSE:MMM   3M Company
  • Rejected VMA and wedge breakdown
  • Price might find some buyers at the bottom of the wedge, but rollover more likely at the MAs diverge.
  • IF, Price can consolidate above 140, can reverse and head higher, so patience is warranted on the both sides.
Commentaire:
Showing bullish signs...held above 140 and now testing daily VMA @149, possible that it spikes to 153 and pulls back...that'd be a confirmation to flip long.
Trade fermée: ordre d’arrêt atteint:
Playing as described yesterday, no need to step in-front of it. Long now.

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