Elliott Wave Technical Analysis: Honeywell International Inc. - Wednesday, Jan. 11

Looking for further upside into wave 5 as we are seeing a bullish corrective pullback and there is no strong evidence the uptrend has finished.

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Honeywell International Inc., Elliott Wave Technical Analysis

Honeywell International Inc., (Nasdaq: HON): Daily Chart, 11 January 23,

HON Stock Market Analysis: Looking for further upside into wave 5 as we are seeing a bullish corrective pullback and there is no strong evidence the uptrend has finished.

HON Elliott Wave Count: Wave {i} of 5.

HON Technical Indicators: Support on the 20EMA

HON Trading Strategy: Looking for longs into wave 5 after a break of wave {b}.

Analyst: Alessio Barretta

Honeywell International Inc., HON:4-hour Chart, 11 January 23,

Honeywell International Inc., Elliott Wave Technical Analysis

HON Stock Market Analysis: Looking for a potential wave {i} of 5 as we are still within the corrective trend channel.

HON Elliott Wave count: Wave {i} of 5.

HON Technical Indicators: Support on the 20EMA

HON Trading Strategy: Looking for longs on the break of wave {b} with invalidation level at204.5$.


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