Users: Violet: slopechart_GE.jpg
slopechart_GE.jpg
MMM earnings reaction was a pop-up. Price decisively jumped out of the channel, over resistance, with volume.
Cross the next high and it's up, up and away.
IF price cannot stay above new-found support, and stumbles back into the channel, that would constitute a failed bullish breakout, one of the best indicators of price direction.
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