Honeywell trespasses pivotal resistance - Analysis - 20-01-2020

Economies.com
2020-01-20 13:03PM UTC

Honeywell's stock rose 0.53% in the last session past the pivotal resistance of 182.60, amid the dominance of the main upward trend with positive support from the 50-day SMA, with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 190.00.

 

Expected trend for today: Bullish 

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