Honeywell Distribution phase
Redline - resistance
Green line - Target/ gap close
Whiteline -Primary trendline since march 2020
Fell through trendline last week.
Most of all dow stocks are going through or went through a correction already.. now its honeywell turn
This is a weekly chart but i think a great entry cor a short would be below the next support which is the 100ma at 226
Green line - Target/ gap close
Whiteline -Primary trendline since march 2020
Fell through trendline last week.
Most of all dow stocks are going through or went through a correction already.. now its honeywell turn
This is a weekly chart but i think a great entry cor a short would be below the next support which is the 100ma at 226
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