07Dec
Honeywell Inc., Elliott Wave Technical Analysis Wednesday 07 December 2022
Honeywell Inc., Elliott Wave Technical Analysis Wednesday 07 December 2022
4 Hour
Honeywell Inc., HON: 4-hour Chart, December 7 2022
Honeywell Inc., Elliott Wave Technical Analysis
HON Stock Market Analysis: So far the downmove has been a three wave move which confirms the count allowing for further upside. We are also approaching the parallel trend channel which often times acts as support.
HON Elliott Wave count: Wave {c} of 4.
HON Technical Indicators: RSI slowly entering oversold territory.
HON Trading Strategy: Looking for longs into wave {v}.
Daily
Honeywell Inc., Elliott Wave Technical Analysis
Honeywell Inc., (HON:NASDAQ): Daily Chart, December 7 2022,
HON Stock Market Analysis: Moving as expected as we are entering potential wave 4 and for the time being finding support on the 20EMA
HON Elliott Wave Count: Wave 4 of (1).
HON Technical Indicators: Above all EMAs.
HON Trading Strategy: Looking for longs into wave 5 knowing the puside could be limited.
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