Short
HON - Potential Short Opportunity
Irrational exuberant bulls buying from smart money who are distributing shares - also notice the volume. I think a move up to that circled price range is a good opportunity for shorting. Plus HON respects BBands on the daily. Will be keeping my eyes on it for Monday.
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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.