Jump to content

Honeywell International Inc.(HON:NASDAQ) Elliott Wave Technical Analysis August 19, 2022


Recommended Posts

Honeywell InternationalInc., Elliott Wave Technical Analysis

Honeywell International Inc.,(HON:NASDAQ): Daily Chart, August 19, 2022, 
HONStock Market Analysis: Looking for a resumption of the overall uptrend. The move off the low appears to be impulsive as we can count a potential five wave move.

HON Elliott Wave count:  {v} of 3.
HONTrading Strategy: Looking for a break of wave (b) on the left and then potentially the end of wave 4 to then set up longs.

HONTechnical Indicators:Above all EMAs and starting to form RSI divergence.

TradingLounge Analyst: Alessio Barretta

HON_8_19.png.1edbc1ef9542f4969643d2111e24b2e8.png

 


 

Honeywell International Inc.,HON: 4-hour Chart, August 19 2022, 

Honeywell International Inc.,Elliott Wave Technical Analysis
HONStock Market Analysis: Looking for continuation higher, the 1.618 3vs 1 is at 207$ which represents the next target.

HONElliott Wave count:  Wave {v} of 3.
HON Technical Indicators:All technical indicators suggest for further upside.

HONTrading Strategy:On short time frames every pullback should be supported therefore look for longs.

 HON_4H.png.9f831d1b35b7f9480943c15ed0ebed2a.png

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Intrigued by Mande's "Onchain Credibility Hub"! DESO's user-owned data is another great idea for Web3. HMN's talent marketplace is a strong piece too. Bitget listing is cool, but focus should be on Mande's tech! Synergy possible: Mande verifies skills, HMN finds matching projects
    • Telcoin's definitely shaking things up with affordable mobile transfers! But MOB sounds interesting for secure everyday payments. Abra seems like a one-stop shop for global money stuff. Telcoin being on Bitget is cool, but competition is healthy! Maybe Telcoin can focus on low-cost remittances while MobileCoin tackles daily purchases. Telcoin's not the only player, but they're definitely a piece of the puzzle.
    • Telcoin is a frontrunner in leveraging blockchain technology for affordable and accessible mobile money transfers. Intrigued by this concept? Let's explore other projects working to revolutionize how we send and receive money around the world, with a focus on mobile solutions. MobileCoin (MOB), this project aims to provide a secure and private mobile-first cryptocurrency specifically designed for everyday transactions. Abra (ABRA), this global investment app allows users to buy, sell, and trade various cryptocurrencies and assets, including sending and receiving money internationally. So, is Telcoin the only game in town for mobile money transfers cause they got listed on Bitget? Maybe or maybe not! There are established players and innovative startups tackling this challenge. What do you think? Is Telcoin the future of mobile money transfers, or just a piece of the puzzle? Have you explored any other mobile money transfer projects? Share your thoughts in the comments!
×
×
  • Create New...
us