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LaTroy82

Head and Shoulders Pattern in $HON

Honeywell International Inc. (NASDAQ:HON)  
LaTroy82 Uppdaterad   
NASDAQ:HON   Honeywell International Inc.
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
Seems to be a head and shoulders pattern in $HON where the $211.64 area is serving as good resistance. Also seems as if we're near completion of a Zig-zag correction. Would like to see us break above $211.64 with $216.74 in site. Will update as time progress.
Kommentera:
Update on $HON. We had an initial breakout with a retest of support and now headed for higher highs. Would like to see the stock trade over $216.74. Happy Trading.
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