3M Company Is At Technical Support
Sep 5, 2023


3M Company is at technical support, as we see nice and clean three-wave A-B-C correction by Elliott wave theory.

3M Company with ticker MMM is sitting at interesting 90 support area, especially if we consider equal wave length of waves A=C that stopped at the former wave 3 swing high resistance around that 90 area. A recovery back above channel resistance line and 210 region would be definitely signal that higher degree wave V is in progress, which would send the price back to all-time highs.

3M Company Is At Technical Support MMM Weekly Chart
MMM Weekly Chart

Aussie Is Nearing Projected Support. Check our chart HERE.


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