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Michael_Harding
Jan 7, 2024 7:22 PM

Honeywell - Likely to Continue Bearish Short

Honeywell International Inc.NASDAQ

Description

Taking a look at the weekly chart, I believe this stock has more potential of a pullback then it does with bullish continuation.

With that said, I actually want to see some further gains with this stock up towards my AOI level (area in green). If price arrives there, I'll be looking for a potential short position.

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