The steelmaker is in an uptrend but I'm not really excited about going long at current levels.
The charts of MMM were showing improvement back on September 17 and now today as well.
China is on track to be the only major economy to register growth for full-year 2020.
Earnings are coming, and I suggest waiting at this point on the ones that are up, but buying those that are flat to down.
Amid Wednesday's broader market decline, look for a nice rally in the Diamonds as we close out the week.
The conditions I saw last month are still intact.
Traders looking to go long PLUG should exercise patience and wait for another period of consolidation.
Let's check out the charts of this speculative hydrogen play.
With the S&P 500 moving, this is a name I think has potential to run hot next week.
This is a good quality stock with solid prospects and a nice yield.