Fundamentals: New CEO William Brown Forward guidance for 2024 is positive. Sales are moving forward in a positive trajectory. It is not a super stock, but a cash flowed dividend payer. Possible recover in the balance sheet of 3M since 2021.
Technicals: Quarterly 3M has falling 50% from 2021 highs and has reached a critical quarterly support area. Quarterly engulfing candle pattern at support, engulfing the prior two quarters. Quarterly extreme indicator Quarterly exDiv1 a-b-c equal legs completion
Monthly: October 2023 hammer with ending volume (d1a) Multiple bullish candle patterns March 2024 engulfing candle pattern with higher volume All above events at quarterly support
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