3M Company neutral

Where will the 3M crash end?

07 september 2022 52
Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
2nd in the segments "US stocks" and "Agricultural commodities"
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3M stocks have fallen more than 18% over the past week and a half. Quotes came close to the March 2020 lows of 113.94. The testing process, along with a prospective update, is likely to take place today.


Concurrently, the RSI indicator has reached the oversold zone for the first time since June, pointing to the greater risks of a rebound upwards. In this case, the buyer’s target will be the level of 126.

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
2nd in the segments "US stocks" and "Agricultural commodities"
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