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HON

Honeywell: Swoop 🦅For two weeks now, Honeywell stock has been heading south, losing more than 10%. It has completed the magenta wave (B) and is currently in the same colored wave (C). Even though the price has rallied a bit this week, we believe that the end of this wave is only in sight further south in our green target zone between $182.14 and $173.09 and that the price should continue to fall. At the green target zone, the overarching correction in the form of the green wave (2) will be completed, which should set the stage for very substantial gains.
NASDAQ:HON
by MarketIntel
Honewell downgrading. HONPivot confirmed in a zigzag, going south inline with the major indices. 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 purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NASDAQ:HONShort
by Rykin_Capital
More honey, Honeywell. HONA 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 suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NASDAQ:HONLong
by Rykin_Capital
Industrials needs a breatherXLI, the Sultan, was the ultimate DOW mover. He ruled over everyone including hedge fund managers. Tuesdays action to the upside was great but gave it up at the end of the day. Wed and Thursday continued to the downside. On Friday, the Sultan tapped the 8 day EMA and came back up but closed below previous day high. The issue with XLI is the channels are small. If this low channel is to break, look out below cause I'm thinking of a 3 point move down to 102 as support. Based on HON, FDX, and UPS, Sultan's rule might be done for this coming two weeks.
AMEX:XLIShort
by CTRLZEEE
Honeywell in Wave 3 (daily); Run up to earningsI believe we're in a Wave 3 on the daily chart. Price target $195. I think, between now and earnings (1/27), there will be global forces (i.e., trade deals, appeasing fed, etc.) that will run this (and similar equities) up a to earnings. My price target may be included with the result of earnings , which from what I've briefly read should be a turnaround story from Q319. I'll look to buy Call Weekly Call options expiring right before earning if price breaks through and closes above the supply zone of $180.68.
HLong
by WaveClout
HON - DAILY CHARTHoneywell today steps in the spotlight as the company pointed its new President on China, its largest country market outside the U.S. Scott Zhang now replaces William Yu that was promoted to the global leadership. Zhang has a hard task ahead to help the company to continue to thrive in the Asian Market amid the clashes of the Trade War. On the overall aspect, Honeywell seems to be in good shape as it continues to pursue going deep into the building market by implementing its Internet of Things products, which can bring good results in the long term scenario.
H
by Igor-Silva