[point and Figure] Stock analysis

Discussion in 'Technical Analysis' started by Figuretrader, Oct 12, 2009.

  1. Figuretrader

    Figuretrader

    3M (MMM) had a nice breakout from the 65 level, and also broke out from the downtrend at the same time.

    With strong relative strength.

    Let's see how MMM fares.
     
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    #1     Oct 12, 2009
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  2. Figuretrader

    Figuretrader

    ticker ATI

    The downtrend has now turned, the old resistance is now support. The rally from support is with very strong Relative Strength.
     
    #2     Oct 16, 2009
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