Honeywell International Inc.Elliott Wave Technical Analysis - Sept. 15, 2022

Honeywell International Inc., Elliott Wave Technical Analysis

Honeywell International Inc., (HON:NASDAQ): Daily Chart, September 15 2022, 
HONStock Market Analysis:Looking for a three wave pullback to be nearly completed.

HON Elliott Wave count:  {c} of 2.
HONTrading Strategy:Wait for wave {i} of 3 to have further upside confirmation.

HONTechnical Indicators:We are below all averages, but the RSI is getting into the oversold area.

TradingLounge Analyst: Alessio Barretta

 

Honeywell International Inc.,HON: 4-hour Chart, September 15 2022

Honeywell International Inc.,Elliott Wave Technical Analysis
HON Stock Market Analysis: Looking for wave {c} to be nearly completed.

HONElliott Wave count:  (v) of {c}.

HON Technical Indicators: We are below all averages but we are starting to form bullish divergence on the RSI.

HONTrading Strategy: Looking for upside resumption first.


More By This Author:

Elliott Wave Analysis: Good Bye Bitcoin
Elliott Wave Technical Analysis, Sept. 14: AAVE Token
Elliott Wave Technical Analysis, Sept.14: Pepsico Inc.

Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments