3M Stock at Critical Resistance Level

NAS100 Technical Analysis

Due to the US stock markets being closed on Monday due to the Christmas holiday, transactions started again today. In the March 2024 futures index contract, a buying trend is observed in the short term. If the upward movements continue, we think that caution should be exercised unless the 17072 level is exceeded. In downward movements, 16930 and 16820 can be followed as important support levels. If the 16820 level is crossed downwards, 16750 can be followed as another important support level.
 
Resistances: 17072 / 17150 / 17230
Supports: 16930 / 16820 / 16750
 

APPLE Technical Analysis

The stock, which was not traded on Monday due to the Christmas holiday, closed the day negatively last week, although it showed a limited recovery signal after testing the 193.16 level, where the 20-day exponential moving average crossed on Friday. Technically, 193.20, where the 20-day exponential moving average passes, can be followed as a critical threshold. In case of a break below 193.20 during the day, 191.30 and 189.60 can be followed as important support levels. If the recovery trend comes to the agenda, 195.00 and 196.50 can be followed as important resistance levels.
 
Resistances: 195.00 / 196.50 / 198.00
Supports: 191.30 / 189.60 / 188.00
 

3M Technical Analysis

Technically, 3M stock, which entered the downtrend since November 2022, closed Friday positively. In upward movements, 107.00 and 108.10, the resistance zone of the downtrend, can be monitored as important resistance levels. If the 108.10 level is crossed upwards, bullish movements may gain momentum and 109.10 can be followed as another important resistance level. In the event that sellers come to the agenda, 105.50 and 104.10 can be followed as important support levels.
 
Resistances: 107.00 / 108.10 / 109.10
Supports: 105.50 / 104.10 / 102.70
 

COPPER Technical Analysis

In Copper, which continues its upward trend, 393.20-394.50 can be monitored as critical levels in terms of upward pricing today. Especially if 394.50 resistance is broken, the rise may strengthen. In downward pricing, 388.80 will be followed as critical support.
 
Resistances: 393.20 / 394.50 / 396.80
Supports: 388.80 / 387.00 / 386.30