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   Non-Tech3M (MMM)


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From: inthemoneystock7/21/2016 2:51:44 PM
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This Is One Of The Best Stocks To Short Right Now

3M Co (NYSE:MMM) is collapsing today, dropping to $180.14 -1.28 (-0.71%). This is following an all-time high yesterday. While most investors marvel at the stock move and want to buy, it is probably one of the freakin' biggest shorts or sells out there in the universe. There are so many negative indicators on all time frames that I literally get excited (in more ways than one) when I look at it. There are 4 key factors on the charts that give confirmation to this theory, all of which indicate that a drop of 25% is in the cards. Let's go over all of them right here so you can make an informed decision on this trade...

1. There was a bull flag on the daily chart going into yesterday. This normally signals significant further upside. Yesterday, the stock surged early, then gave up 100% of the move to close flat. Technical traders understand this signals a failed breakout. Failed breakouts usually result in a significant sell signal. Coming off all-time highs, this could mean a multi-year high and 20% correction in the next six months.



2. The weekly chart has a 3 bar surge. Three bar surges on any charge usually signal a pull back is on the horizon. However, a weekly three bar surge, coming at all-time highs can mean a multi-year high pivot is in place.



3. The monthly chart on 3M has seven green candles higher. This means that for seven months, the stock traded up. For hardcore InTheMoneyStocks PPT Methodology investors, this is insanely significant as it shows a 95% chance of a drop in the stock when matched with all the other signals discussed.



4. Lastly, on the monthly chart, connect the highs from 2003 to 2014-2015. If you extend the trend line it hits the highs on the chart perfectly. This is just one more epic sell signal for $MMM



Gareth Soloway
InTheMoneyStocks

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From: JakeStraw8/30/2016 9:51:04 AM
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Cerner to Integrate 3M Patient-Centric Software for Population Health Management
finance.yahoo.com

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From: JakeStraw9/6/2016 12:45:51 PM
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3M announced today that it has acquired Semfinder, a Switzerland-based medical coding technology company. Semfinder is a leading developer of precise semantic coding of medical services.

The acquisition of Semfinder provides important new coding technology that will enable 3M to accelerate the availability of its 3M 360 Encompass System in countries adopting electronic medical records.
finance.yahoo.com

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From: JakeStraw10/24/2016 11:37:04 AM
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3M Co. was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $194.00 price target on the stock, up previously from $169.50.

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From: JakeStraw10/25/2016 7:40:13 AM
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3M Delivers Third-Quarter Sales of $7.7 Billion and Earnings of $2.15 per Share
finance.yahoo.com

3M (MMM) today reported third-quarter earnings of $2.15 per share, an increase of 4.9 percent versus the third quarter of 2015. Sales were $7.7 billion, flat year-on-year in dollar terms.
“Our third quarter was marked by increased earnings, robust cash flow and a strong, broad-based margin performance – with each of our business groups posting margins of 22 percent or greater,” said Inge G. Thulin, 3M’s chairman, president and chief executive officer. “At the same time, we continued to execute on Business Transformation while taking several actions to strengthen and focus our portfolio. We were also pleased to celebrate our company’s 100th consecutive year of paying dividends, which we’ve increased for each of the last 58 years.”

For full-year 2016, 3M updated its forecast for earnings per share to be in the range of $8.15 to $8.20 versus a prior range of $8.15 to $8.30. The company now expects organic local-currency sales growth to be approximately flat versus a previous range of 0 to 1 percent. 3M also updated its tax rate to be approximately 29 percent versus a prior range of 29.0 to 29.5 percent. Lastly, the company continues to expect free cash flow conversion in the range of 95 to 105 percent.

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From: JakeStraw12/7/2016 12:12:50 PM
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3M Co. was upgraded by analysts at Royal Bank Of Canada from an "underperform" rating to a "sector perform" rating. They now have a $171.00 price target on the stock, up previously from $155.00.

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From: JakeStraw12/19/2016 8:57:17 AM
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5 Key Takeaways from 3M Company's 2017 Outlook
fool.com

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From: GwenJohn1/6/2017 1:53:09 AM
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Analysts believe there is more upside looking forward. The average price target for the next year is $179.00, which is a gain of $14.50. The estimated return would be 8.8%, and with the dividend yield factored in, the estimated total return would be 11.5%, a rare double-digit return in a low-interest-rate environment.
With the continued reinvestment in itself, I am sure 3M Co will hit its next milestone target of $35.0 billion in no time. For income investors looking for dividend growth, 3M Co. is a great company, and with a steadily growing cash flow, the dividend won’t be the only way to reward shareholders, as more share buybacks are likely.

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From: inthemoneystock7/25/2017 12:59:49 PM
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3M Co (NYSE:MMM) is taking a beating after releasing its quarterly earnings. The stock is down over 5% and things are not looking good. Based on chart breaks, I expect a general trend lower to continue until $191.50 is tagged. That will be major gap fill support and the daily 200 moving average should be there as well. This gives huge support and a likely bounce in the stock. This is where I will consider buying.



Gareth Soloway

InTheMoneyStocks

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From: inthemoneystock5/1/2018 1:05:50 PM
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3M $MMM Multi-Factor Trade Alert

Shares of 3M (MMM) slumped again on Tuesday morning, down for the sixth straight day following poor earnings results. While most investors shy away from charts like this, the real pros get excited. After hitting a major gap fill at $192.00, the metrics on 3M scream oversold, technical bounce. This is coupled with a time count factor and pivot support. The triple threat combination signals a strong likelihood of a swing trade bounce back to $200 in the coming days/weeks, perhaps as high as $210.00.



Gareth Soloway

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