3M company is back to bullish mode

3M Company with ticker MMM was trading in a larger A-B-C correction within a higher degree wave IV for the last 5 years, but we have been warning about strong support with equal wavelength of waves A=C already back in 2023.

MMM Weekly Chart from June 2023

As you can see now in 2024, we can see a strong rebound after a completed projected higher degree A-B-C correction within wave IV, so wave V can be now in play that can send the price back to all-time highs, especially if breaks channel resistance line and 175 level.

MMM Weekly Chart from August 2024