WadeYendall

HON Looking promising

Long
WadeYendall Updated   
NYSE:HON   None
HON That volume bar is not retail buyers. I like to see it clear the consolidation area and then come back to retest.
Howerver, with that volume I am tempted to take a starter position and add if it pulls back some.
Comment:
Nice push. Expect a pull back soon as it just hit the 618 extension. If your not in it already may be a good time enter.
Comment:
Got the pull back as expected. Tested the support area nicely. Good chance for a run at all time highs.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.