3M Company
Panjang

MMM 3M for an oversold bounce

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Bought March 18 $147 calls. Stock is way oversold on daily and weekly technicals on a good solid company.
Nota
Added additional incremental 1/3 position on yesterdays drop. MMM has liability issues but way oversold on all technicals. I am expecting a market bounce in the coming days which is why I covered/ sold all my shorts.
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Closed trade. While I believe it will go higher Russia/ Ukraine is a wildcard over the weekend. Other than GOLD I am in cash over the weekend.
3mFundamental AnalysisTechnical IndicatorsMMM

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