3M gathers positive momentum - Analysis - 10-03-2021

3M's stock retreated 1.41% in the last session amid attempts to gather positive momentum, while venting off overbought saturation in the RSI as it emits negative signals, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 187.18. 

Expected trend for today: Bullish