Peet_Serfontein

HON: bullish price action

Long
BATS:HON   Honeywell International Inc.
The 200-day and 200-week are acting as major pivotal support.
A price action above 197.00 supports a bullish trend direction.
Increase long exposure for a break above 201.00.
The target price is set at 206.00.
The stop-loss price is set at 192.00.
The MACD (lower panel) confirmed a bullish crossover and might support the stock in some upside price potential.

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