Honeywell tries to garner momentum - Analysis - 11-12-2019

Economies.com
2019-12-11 11:53AM UTC

Honeywell's stock declined in the short term alongside the main upward trend line, while seeking a bottom to bolster it higher, marking a 0.26% loss and nearing the support of the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the first resistance at 178.65. 

 

Expected trend for today: Bullish 

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