Honeywell receives powerful support - Analysis - 08-03-2021

Economies.com
2021-03-08 12:32PM UTC

Honeywell's stock (HON) rose 1.79% in the last session after leaning on the support of the main upward medium-term trend line, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 216.45 anew. 

 

Expected trend for today: Bullish 

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