Stocks

3M Company Is Back To Bullish ModeAug 13, 2024

3M Company with ticker MMM was trading in a larger A-B-C correction within a higher degree wave IV for the last 5 years, but we have been warning about strong support with equal wavelength of waves A=C already back in 2023.

3M Company Is Back To Bullish Mode MMM Weekly Chart from June 2023
MMM Weekly Chart from June 2023

As you can see now in 2024, we can see a strong rebound after a completed projected higher degree A-B-C correction within wave IV, so wave V can be now in play that can send the price back to all-time highs, especially if breaks channel resistance line and 175 level.

3M Company Is Back To Bullish Mode MMM Weekly Chart from August 2024
MMM Weekly Chart from August 2024

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