There have been several touches to the $81.50 resistance level indicating that it is a strong resistance in 3M Company (MMM). MMM releases earnings on April 24. If the report is positive, it could be enough to break resistance. I have an alert set just above $81.50, so we wont miss the break of resistance. This is one we will definitely be keeping our eye on.



Andy Swan is co-founder and head trader for DaytradeTeam.com. To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.