Looking to swing HON on a breakout here at 205 based off simple support resistance and the news catalysis of Biden sending troops to Ukraine
Possible stop over where you see resistance or over neckline of 211.78. No recommendation. Multiple ascending and narrowing rising wedges below price. Short percent is less than 1 %. I do not go short as a rule, but I do like to know where how far price may fall so I know where to buy again. The smaller orange numbers are targets 2 for a fall in price.
Honeywell is in H&S formation. The price bounced from the neck line around $195. Not all H&S break down below the neck line. But one thing that is worrisome is a huge gap right below the neck line that could get filled. It resisted filling this time and will probably head to the shoulder line area of $217 to $220 area. ER is in about 3 days so it could either...
A nice bounce off on the 1.272 border on the Fib Channel. This is resonantly reassuring. Looking for a move up now, supposedly X Wave. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to...
Watch price rejection during resistance retesting in the daily timeframe.
Seems to be a head and shoulders pattern in $HON where the $211.64 area is serving as good resistance. Also seems as if we're near completion of a Zig-zag correction. Would like to see us break above $211.64 with $216.74 in site. Will update as time progress.
Honeywell is a company with good fundamentals with a potential 1:3 risk reward ration. Don't forget your Stop Loss = 200. (just in case the market goes the other way)
NASDAQ:HON Price is currently testing 1 major wedge and the lower wedge of a broken channel, this is a significant zone for those who are interesting to go short. 1st target is 195, second one could be 184. Follow and like for more similar high odds setups... #AHMEDMESBAH www.tradingview.com
simple impulse wave pattern at place Honeywell has deeply fallen in a well established uptrend this is a discount imo price will most likely make its way back to 228. if you feel like this chart idea has helped you in any way leave a like and follow for similar ideas like this one 👍
The PEAD projected a Neutral outlook for $HON after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Buy Some Honey Fellas, Aviation gonna come roaring back
The start of September IVR picked up and we can see a series of red candles within that same time range. Now as IVR settles back down to its stable range then there should be less dramatic movement in the stock price. Should price continue within the current range then being able to play with price between the two values would be a manageable trade with...
Best Time to buy for short term Investor...stock is currently undergoes in a daily timeframr correction which expected to complete maybe in next one or two months...Stoploss will be 200 for this trade...stock expected to test levels of 290+
HON | LONG | 01 Oct 2021 Entry: 213.16 TP: 220.26 SL: 210.67
Potential 2Down 2Up Weekly Reversal For HON : Per the Strat, this week I'm watching ticker HON (Honeywell International Inc) for a weekly entry trigger at 221.37 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 225.71 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just...
Hello altogether! Honeywell is looking pretty nice at the moment. Could be a good entry point around 214-220. As usual: check for a confirmation that this is actually our support. If you can see it, grab it :)
Short $HON Broke major upward trend line Target $215