$HON - Looks promising here.NASDAQ:HON looks interesting here. It is trading inside a descending wedge. MACD is showing bullish divergence and is about to perform a bullish cross.
If it can break out of the descending wedge, it could travel much further.
Keep an eye on the critical resistance area at $192.
Upside targets:
$192
$195
$203
Downside risk:
$172