For two weeks now, Honeywell stock has been heading south, losing more than 10%. It has completed the magenta wave (B) and is currently in the same colored wave (C). Even though the price has rallied a bit this week, we believe that the end of this wave is only in sight further south in our green target zone between $182.14 and $173.09 and that the price should...
HON reported earnings better than estimated and guided higher for the rest of the year. It has the pricing power to keep up with inflation. And the chart looks bullish to me.
Honeywell should push its fingers deep into the green honeypot between $194.17 and $178.41, breaking through the support at $196. There, the share should gain new strength by finishing wave 2 in green and turn upwards again. First, it should climb back above $196 and then take off from this mark, aiming for the resistance at $222.56. Once above this level, the...
A SHORT Position Support Price: 204,26 - 206,40 - 207,84 Resistance Price:200,50 - 193,67 - 184,36 - 179,77 Daily and Hourly indicators NEGATIVE. With market stuation price can DOWN. All Market index looking like will go DOWN. So HON can be good for short position. Its i my mind. it is not a investment mind
Pivot confirmed in a zigzag, going south inline with the major indices. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to...
Looking to swing HON on a breakout here at 205 based off simple support resistance and the news catalysis of Biden sending troops to Ukraine
A nice bounce off on the 1.272 border on the Fib Channel. This is resonantly reassuring. Looking for a move up now, supposedly X Wave. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to...
My favorite setup. Blue chip stock, ascending triangle. Calls have super low IV making them dirt cheap. 9/24 $225 call option $3.15. Hoping for a quick move early next week. Today's candle looks bullish, lets see what we get tomorrow.
NASDAQ:HON looks like a big top: Looks similar to a head and shoulder top Bottom trendline broken MACD is collapsing
XLI, the Sultan, was the ultimate DOW mover. He ruled over everyone including hedge fund managers. Tuesdays action to the upside was great but gave it up at the end of the day. Wed and Thursday continued to the downside. On Friday, the Sultan tapped the 8 day EMA and came back up but closed below previous day high. The issue with XLI is the channels are...
Buildup under strong resistance, looking for breakout + backtest + ham sandwich
NYSE:HON Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%.
Pink - Stop-loss Green - Entry Target Red - Exit Target Adjust the exit targets as needed. www.ttblackbox.com
Hello everyone Honeywell started a uptrend channel in march So far channel is intact and respected Look for key notes in chart and levels for any question feel free to ask :)
Honeywell is expanding their drone technology services. Growing their satellite network and increasing the services which they provided geared towards drones.
HON shares sit in a clearly bearish pattern, but continue to hold up, frustrating bears. The company is a prime supplier of personal protection equipment as COVID-19 stats press to new highs on a case-per-day basis. In addition, the anti-mask movement is rapidly losing support as rational thought ascends.
My opinion only, trade at your own risk. HON
I believe we're in a Wave 3 on the daily chart. Price target $195. I think, between now and earnings (1/27), there will be global forces (i.e., trade deals, appeasing fed, etc.) that will run this (and similar equities) up a to earnings. My price target may be included with the result of earnings , which from what I've briefly read should be a turnaround story...