Hello, according to my analysis of 3M stock. There is a wonderful investment opportunity. The stock broke the downward trend. The strong resistance at 107 was broken. Also, a very positive green candle formed on the daily time frame. Indicates a strong entry of buyers. good luck for everbody
Looking at the MMM 3M Company options chain, i would buy the $120 strike price Calls with
2022-11-4 expiration date for about
$1.68 premium.
Looking forward to read your opinion about it.
I don`t know if you monitored the Option Chain last Friday.
I always do that for my clients and I was shocked to see for MMM 3M Company 141K Calls with $200 Strike Price, Expiring Sept. 16!
On Thursday we had 70K calls, same expiration date and strike price.
It has to do something with 3M's Healthcare Spinoff which sees Roadblock from Veterans, which sued the...
MMM stock confirmed the formation of an upward sloping trend line on th weekly timeframe showing to what extent the bulls are in control of the trades pushing the prices higher.
Price Targets: $201.35 - $206.55 - $216.35
Hello traders,
Description of the analysis:
Main s/r zones for 3M shares. Currently on strong support from 2016, a very suitable opportunity in terms of technical analysis and volume distribution of the price. The dividend strenght will be attractive. 3M has an earnings payout ratio better than 29% of dividend stocks. MMM pays 46% of its operating cash flow as a...
