Honeywell International Inc Elliott Wave Technical Analysis - Friday, Nov. 4th

Honeywell International Inc., Elliott Wave Technical Analysis

Honeywell International Inc., (HON): Daily Chart, November 4 2022, 

HON Stock Market Analysis: Moving l as predicted in the last forecast. We could be in the making of wave {iv} looking for further upside as there should be more room to move higher.

HON Elliott Wave Count: Wave {iv} of 3.

HON Technical Indicators: Above all EMAs.

HON Trading Strategy: Looking for entries within wave {iv} exiting soon as another wave 4could come very soon.

(Click on image to enlarge)

Honeywell International Inc., HON: 4-hour Chart, November 4 2022

Honeywell International Inc., Elliott Wave Technical Analysis

HON Stock Market Analysis: It looks like we could have further downside to come into wave (c)of {iv}.

HON Elliott Wave count: Wave (c) of {iv}.

HON Technical Indicators: Abovee all EMAs.

HON Trading Strategy:Waiting for the completion of wave {iv} before considering longs.

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