Honeywell's stock (HON) rose 0.48% in the last session and readies to tackle the pivotal resistance of 233.90, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 247.00, provided the resistance of 233.90 was reliably breached.
Expected trend for today: Bullish