Honeywell almost made it to the resistance at $210.61, which it should overcome as part of the current magenta wave (3). However, there is still a 32% chance that the price will pull back down into our magenta Target Zone between $188.24 and $180.93. This short-term bearish alternative scenario will be triggered if HON drops below the support at $189.66 before...
SLO @ 124.50 ⏳ TP1 @ 85.20 TP2 @ 60.00 BLO @ 52.80 ⏳ ADDITIONAL INFO: Based on the fundamental analysis below, I'm anticipating a swing to the upside before price action returns to the downside and continues to drop toward Demand (75D). Once we reach Demand @ ~52.80, I'll hold this equity as a Position Trade up to Major Resistance @ ~175.75. COMPANY REVIEW: 3M...
I don't follow this stock and it was a friend of mine who pointed it out to me. There is a massive amount of pain in this stock chart. First off, you had a bad, bad break of the 200 day moving average all the way back on January 23rd. If you were watching the charts, this should have been a pretty good signal that something was up with the stock. You also...
stoc crossed-cci and percent r good-conglomerate-relative strength good-stop loss bottom of cloud after break-target 200 ma-diversify always between candidates-time above cloud