Live monitoring of the Descending Triangle setup on MMM. See where price is heading.
Bearish continuation pattern.
Market participants tracking 3M should note the latest formation. With a last close of $144.47, volatility remains active (-0.54%). Price action has carved out a classic Descending Triangle. The trend indicator is reading 25.3/100, suggesting moderate momentum. A potential breakout level is identified at $139.34, targeting $109.31 with support near $149.17 (R:R 3.05).
What is your outlook on MMM?