Honeywell stages tactical decline - Analysis - 14-01-2021
Economies.com
2021-01-14 09:46AM UTC
Honeywell's stock (HON) fell 0.89% in the last session amid negative signals from the RSI, while gathering momentum to help it rise anew, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium term.
Therefore we expect the stock to return higher, targeting the resistance of 216.40, provided the support of 204.75 holds on.
Expected trend for today: Bullish
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