13Dec
Honeywell International Inc., Elliott Wave Technical Analysis 13 December 2022
Honeywell International Inc., Elliott Wave Technical Analysis 13 December 2022
4 Hour
Honeywell International Inc., HON: 4-hour Chart, December 13 2022
Honeywell International Inc., Elliott Wave Technical Analysis
HON Stock Market Analysis: It looks like we have a clear five wave move in wave {c} and the overall correction could be finished as we are also reacting from the parallel trend channel.
HON Elliott Wave count: Wave {c} of 4.
HON Technical Indicators: 20EMA acting as resistance.
HON Trading Strategy: Looking for longs once we break the top of wave {b} and we see a clear five wave move off the lows.
Daily
Honeywell International Inc., Elliott Wave Technical Analysis
Honeywell International Inc., (HON:NASDAQ): Daily Chart, December 13 2022,
HON Stock Market Analysis: Moving higher as expected from the previous forecast. We are looking at one last move higher into wave 5 to then complete higher degree wave (1).
HON Elliott Wave Count: Wave 4 of (1).
HON Technical Indicators: 20EMA acting as support,
HON Trading Strategy: Looking for further confirmation that wave 4 has finished before considering longs.
About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - It seems like we have five waves down into wave {a}...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a potential three wave move to have com...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We could have already had wave i and ii of (i). We ...
Read More >
Elliott Wave Technical Analysis Major US Stocks GOOG, NVDA, NFLX Video: ALPHABET GOOG and NVIDIA NVD...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - WE can see how it is accelerating to the downside a...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a sideways wave 4 to alternate with the...
Read More >
You need to login in order to comment