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Honeywell Inc., Elliott Wave Technical Analysis 19 January 2023

Alessio Barretta |20 Jan, 2023 | 0 Comments | Return|

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Honeywell Inc., Elliott Wave Technical Analysis 19 January 2023

4 Hour

Honeywell Inc., HON: 4-hour Chart, January 20 2023,
Honeywell Inc., Elliott Wave Technical Analysis
HON Stock Market Analysis: We have reached and past equality of C vs. A and we barely passed the 200EMA. I would not like to see 1.618 being broken.
HON Elliott Wave count:  Wave {v} of C.
HON Technical Indicators: Below all averages.
HON Trading Strategy: Waiting for a turn to start looking for longs.


Daily

Honeywell Inc., Elliott Wave Technical Analysis
Honeywell Inc., (HON:NASDAQ): Daily Chart, January 20 2023,
HON Stock Market Analysis: Looking for a pullback in wave (2) to find support soon. We Broke previous wave (B) which gives us additional confidence to the fact we are in a wave (1).
HON Elliott Wave Count:  Wave C of (2).
HON Technical Indicators: Looking for support on the 200EMA
HON Trading Strategy: Looking for the end of wave (2) to enter long.

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