27Jan
Honeywell Inc., Elliott Wave Technical Analysis 27 January 2023
Honeywell Inc., Elliott Wave Technical Analysis 28 January 2023
4Hour
Honeywell Inc., HON: 4-hour Chart, January 27 2023,
Honeywell Inc., Elliott Wave Technical Analysis
HON Stock Market Analysis: As you can see it looks like we are extending into wave (iii) as wave (i) appears to be a clear five wave sequence. If the count is correct we should see a sharp move to the upside.
HON Elliott Wave count: Wave iii of (iii).
HON Technical Indicators: Above all averages.
HON Trading Strategy: Waiting for a break of wave B.
Daily
Honeywell Inc., Elliott Wave Technical Analysis
Honeywell Inc., (HON:NASDAQ): Daily Chart, January 27 2023,
HON Stock Market Analysis: Honeywell has been moving as expected after a clear three wave pullback which confirms the overall trend is to the upside. Looking for additional confirmation we are not going to double correct.
HON Elliott Wave Count: Wave {i} of 1.
HON Technical Indicators: 20EMA as resistance.
HON Trading Strategy: Looking for a break of wave B to confirm longs.
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