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MMM forms Slingshot Bullish on June 26
On Friday, June 26th, MMM moved down 2.36% while volume increased to 1.8× the usual levels. Multiple bullish signals emerged — Upper Bollinger Band Walk and Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 162.32, 160.63 & 157.89, with resistance at 166.75, 169.49 & 171.18. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of MMM: B
There’s more where that came from. See all of today’s signals for MMM here.
Read full article here »