Will 3M consolidate its gains and present a new entry opportunity [Trade of the Day Wake-Up Watchlist] "Can 3Mâs Record-Breaking Surge Be The Next Big Trade Setup?" Nate Bear, Lead Technical Tactician, Monument Traders Alliance [Nate Bear] As a trader my primary objective is to find the strongest stocks out there. And then find a level where I believe the risk vs. reward is skewed in my favor. Sometimes, Iâll find dozens of stocks that I like, but not where they are trading at. You need both if you want to be consistently profitable in the market. Now, thereâs one stock I really like right now, but itâs not exactly trading at a price level I want to be involved with yet. Nonetheless, I do believe 3M (MMM) deserves your attention, and is a worthy watchlist candidate for this week. Now, if you were watching the market on Friday, I think you can agree that the action was sloppy. [Trading Legend Reveals New AI-Powered Tool]( [Nate Bear]( Nate Bear, the trader who turned $37k into $2.7 Million in 4 years, just revealed his groundbreaking wealth-building initiative... A cutting-edge trading research tool powered-by AI that is finding explosive setups at an UNGODLY speed. See the details for yourself: [ Watch The DEMO Here]( But that wasnât the case for 3M. In fact, shares shot up by 23%, making its best single day performance since 1980. The catalyst? Earnings. The industrial conglomerate released its Q2 earnings report, showing strong results under the leadership of new CEO William Brown. The company raised its full-year adjusted profit outlook to a range of $7.00 to $7.30 per share, up from the previous estimate of $6.80 to $7.30. This upward revision in earnings guidance suggested improved financial performance and potentially positive market sentiment towards the company's future prospects. On Friday the stock closed at fresh 52-week highs, creating a huge gap up from its previous close of $103.39. I sat there watching it continue to uptick in the [Daily Profits Live]( chat room. Believe me, itâs hard not to get FOMO when you see something that strong moving. But I wasnât able to turn $37K into $2.7 million in four years by chasing stocks at their highs. Youâve got to fight the urge to jump in at any price and exercise some patience. Speaking of patience, the team at [Catalyst-Cashouts Live]( got in MMM 46 weeks ago, and took profits on Friday for a solid 39.3% gain. As for me, I want to see if it can hold Fridayâs move. More specifically, I would like for it to consolidate for a few days and show me that Fridayâs move wasnât a fluke. Heck, I donât mind if it even pulls back a little. But it needs to show me that the new base established is here to stay. Action Plan: Iâll be watching MMM for a consolidation over the next few days or couple of weeks. If it can establish and hold a new base, I will look to enter a long call option position in my [Daily Profits Live Portfolio.]( If youâd like to learn more about what and how I trade in [Daily Profits Live, check this out.]( [JOLTS OVERNIGHT TRADE DEMONSTRATION]( [115% Average Gain]( Every Time The Government Releases Jobs, Inflation, GDP, and Other Economic Reports... Use The JOLTS Loophole to target up to 253%... 327%... Even 383% overnight gains... Whether the market surges... or crashes! [Discover The JOLTS Loophole (BEFORE Tues at 2 pm!)]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist.
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