3M Company

3M: $160 Short Target

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First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into some of my key points. I think realistically, 3M should have done well this quarter (given the time period we are in), but it looks like a potential resistance curve is breaking out and many people are expecting some sort of bearish pattern. That is why I'm setting with confidence a $160 short target, while expecting some long potential with medium risk hold.

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