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Charts Show 3M Sticking to Recovery Ahead of Earnings

Investors looking at 3M's (MMM - Get Report) daily and weekly technical charts know the stock has been moving higher since Aug. 24, the day of the China-induced flash crash low. The daily chart shows how a "death cross" confirmed on July 6 correctly tracked the stock lower. Today, the stock is well above its 50-day simple moving average and its weekly chart has been positive since the close on Oct. 9.

3M, maker of Scotch tape and Post-It notes, among many other industrial goods...


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