3M Could Pull Back to Support Around $190

We were positive in our last write-up of 3M  (MMM) on April 28th and we concluded with an adjustment to our risk level, "The current rally in MMM shares only started in February so I would consider it "youthful." With higher price targets possible, the long side remains attractive but raise stops to a close below $186."

With lots of hand wringing going on Wall Street today with the DJIA off more than 200 points it wouldn't hurt to check the charts on MMM which is a member of that elite club of thirty....320 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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