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.
This content is for informational purposes only and is not intended to be investing advice.
