3M widens gains - Analysis - 13-01-2021

2022-01-13 10:45:24 GMT (Economies.com)
 

3M's stock rose 0.25% in the last session after leaning on the support of the 50-day SMA, lending it positive momentum, and settling eventually at 179.42, while still buoyed by piercing the downward correctional line previously.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 186.00, provided the resistance of 179.50 was breached.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
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