MaryBlossomJ

MMM. Long Term Short

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NYSE:MMM   3M Company
MMM has been dying since I found it at $129. It has broken past both targets(Refer to previous MMM ideas).

MMM is definitely down trending. Most likely it'll continue this way unless, there is a catalyst(positive news, etc)

My next short term target price is $104.

I do believe that we'll see $90 in the next 30 days.

Entry: $109-108.50
1st Target: $104
2nd Target: $90
3rd Target: $70
S.L: $111(May have false break out to $115

Be patience. Be blessed.
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