"So we have bullish signals and bearish signals, certainly not a black or white picture. Bottom line? I would raise sell stop protection on MMM to lock in a profit, and/or take some money off the table. Paper profits are good, but booked profits are even better."
Prices continue to work lower and a sell-the-bounce approach still appears in order.
In this daily chart of MMM, above, the On-Balance-Volume (OBV) line continues to weaken and momentum is weakening further.
Have you taken some money off the table?