3M rallies - Analysis - 12-04-2021

3M's stock (MMM) kept rising in the last session amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels. 

Therefore we expect more gains for the stock, targeting the resistance of 200.00.

Expected trend for today: Bullish