Being a constituent of the Dow Jones Industrial Average and boasting a long history of dividend increases, 3M garners significant attention from a diverse range of investors.
Our Analysis:
As long as the price is above 102.00, follow the recommendations below: - Time frame: D1
- Recommendation: long position
- Entry point: 105.00
- Take Profit 1: 107.50
- Take Profit 2: 109.00
Alternative scenario:
If the 102.00 level is broken-down, follow the recommendations below: - Time frame: D1
- Recommendation: short position
- Entry point: 102.00
- Take Profit 1: 100.00
- Take Profit 2: 98.00
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