Honeywell rises in volatile session - Analysis - 01-10-2020

Economies.com
2020-10-01 11:36AM UTC

Honeywell's stock rose 0.06% in the last volatile session amid positive signals from the RSI, and with the dominance of the upward medium-term trend, with positive pressure as well from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the first resistance at 171.56, provided the support of 157.03 holds on. 

 

Expected trend for today: Bullish 

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