Honeywell International: The Price Can Be Seen Climbing Towards Its Resistance Level
Today’s instrument is Honeywell International Inc.’s Corp. a global diversified technology and manufacturing company, which is traded on the Nasdaq exchange under the ticker HON.
Looking at HON’s chart, we can see that it was last traded at around $182.82. In 3 days its earnings are expected and if the market’s anticipation is positive on the potential results, then we could see HON’s price climbing towards its resistance level at around 190; otherwise we should see it dropping towards its support level at around $175.
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