3M amid negative outlook - Analysis - 14-09-2022

3M's stock (MMM) fell in the last session amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA, countered by positive signals from the RSI.

Therefore we expect more losses for the stock, targeting the support of 116.00, provided the resistance of 125.60 holds its ground. 

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Expected trend for today: Bearish