The 3M shares price reached the $90.00 resistance twice in
the last couple of months which is stand in the same area as the T1 trend line.
The most probable scenario is a correction in the next few
weeks, targeting the $85.00 support in the first stage. If no great news will
occur, than the investors will react to the multiple resistances in the $90.00
area.
On the short term the price action created a rising channel
which was broken yesterday. This usually triggers a sell signal.
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