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Today’s instrument is that of Honeywell International Inc., a software-industrial company that provides technology solutions, which is traded in the Nasdaq exchange under the ticker HON.
Looking at the HON’s chart, we can see that it was lastly traded at around $208.60. In the next few days, its quarterly 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 52W high price at $220.96, otherwise, we should see it dropping towards its support level at around $196.
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