3M ends lower - Analysis -30-09-2022

Economies.com
2022-09-30 12:10PM UTC

3M's stock fell in the intraday levels, amid negative pressure from the 50-day SMA, with positive signals from the RSI, amid the dominance of the main downward trend in the medium term. 

 

Therefore we expect more losses for the stock, targeting the support of 109.20, provided it holds below 118.30. 

 

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Expected trend for today: Bearish 

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