Live monitoring of the Ascending Triangle setup on MMM. See where price is heading.
Bullish continuation pattern.
Technical analysis of 3M (MMM) reveals a significant setup. The stock is trading at $172.62, up 1.79% on the day. Price action has carved out a classic Ascending Triangle. The trend indicator is reading 41.7/100, suggesting moderate momentum. A potential breakout level is identified at $176.16, targeting $198.76 with support near $155.92 (R:R 1.12).
What is your outlook on MMM?