HON looking strong. Weekly chart is in a clear Stage 2 uptrend, now consolidating near all-time highs.The 4-hour chart is holding key support around the $230-$233 level, with the Stochastic oscillator turning up from oversold territory. A decisive break above the $240 resistance could signal the next major leg higher.
#Honeywell #TechnicalAnalysis #Trading #Stocks
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.