Case 268 #Honeywell International Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#HON 1/4
Weekly Chart: The steep and violent decline from Jan. 2020 has created long term damage to the #uptrend - the last time price traded below the SMA 200 was back in Oct. 2011. Formidable #resistance is .....
HON 2/4
Daily Chart: A close below 122.80 will signal a deeper #retracement is in process.
The #Strategy is printed on the image.
$HON 4/4