Honeywell surrounded with positive signals - Analysis - 17-09-2020

Honeywell's stock rallied 1.01% in the last session while trading alongside the upward short-term trend line, with support from the 50-day SMA, coupled with positive signals from the RSI. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 182.30, provided the support of 165.24 holds on. 

Expected trend for today: Bullish