Today we will analyze the stock 3M (MMM.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in 3M (MMM.SW)
1- Last bullish trend was from 78.00 $ (4/13/2012) to 82.75 $ (5/2/2012) a 4.75 $ move 2- The current bearish trend started from 82.75 $ at 5/2/2012 and is currently trading at 80.25 $.
3- MMM.SW current support level is at 79.81 which is the 61.80 % fibonacci retracement of the last 4.75 $ move.
4- MMM.SW current resistance level is at 80.38 which is the 50.00 % fibonacci retracement of the last 4.75 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
3M (MMM.SW) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 78.000 and 74.000 that was broken down at 81.800 transforming into a resistance line.
3M (MMM.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 74.000 and 62.500 that was broken down at 80.000 transforming into a resistance line.
3M (MMM.SW) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 74.000 and 62.500 that was broken down at 80.000 transforming into a resistance line.

Stock Trading Conclusion:
3M (MMM.SW) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 80.38, 80.84, 80.94, 81.21, 81.50, 81.63, 81.79, 82.75, 83.00, 99.88,.
Stock Support levels : 79.81, 78.00, 76.71,.