Eyes on MMM ladies and gentlemen is setting up for breakout from the sideways move that is currently printing.
Daily chart shows that a test to the $147 - $145 area is on the table to prepare for breakout.
MMM is printing a nice sideways move (orange Shaded Area) that most likely will end up in a breakout as shown on the Daily.
Play it right................Play it safe.................Play it The Numberfive Way.
Boost..............Follow................Share..............Comment.
Daily chart shows that a test to the $147 - $145 area is on the table to prepare for breakout.
MMM is printing a nice sideways move (orange Shaded Area) that most likely will end up in a breakout as shown on the Daily.
Play it right................Play it safe.................Play it The Numberfive Way.
Boost..............Follow................Share..............Comment.
Trade attivo
Time to protect profits ladies and gentlemen, you know the drill, sell half and let the rest run with a trailing stop or sell the whole position and wait for the next buy signal, that it will go higher? most likely it will but before it does it will pause and retrace and that's normal in a healthy moveRemember the bigger picture is the Daily and Weekly and is telling us that will keep printing its sideways move between $154 and $142 so a retrace is coming but won't break previews 4hrs TF low of $142 then bounce and continue higher.
Play it right..................Play it safe......................Play it The Numberfive Way.
Trade chiuso: stop raggiunto
Ok, ladies and gentlemen trailing stop on MMM was hit. No problem .We will wait for a few days before going long again.
MMM has plenty of TIME to go higher from the Weekly pov but for now the Daily and 4hrs TF will start is retrace so we wait patiently for the next entry signal.
We will keep and eye on it.
Play it right................Play it safe......................Play it The Numberfive Way.
Boost....................Follow.....................Share...............Comment.
Trading The Numberfive Way
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Trading The Numberfive Way
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.