Honeywell takes hit - Analysis - 20-05-2020
Economies.com
2020-05-20 10:40AM UTC
Honeywell's stock slid 3.01% in the last session after touching the resistance of the 50-day SMA, while testing the main downward medium-term trend line, as the RSI reached overbought levels.
Therefore we expect more losses for the stock, targeting the first support at 125.00.
Expected trend for today: Bearish
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