Foren & Soziale Netzwerke zur HONEYWELL AEROSPACE Aktie

 

Honeywell shares have declined further, moving more clearly in line with our primary expectation for a correction. However, in recent trading hours, the stock managed to stabilize somewhat, consolidating in a sideways pattern. At this stage, we primarily expect further selling pressure, which should push the stock below support at $209.65. Once a low is established beneath this level, we anticipate a subsequent rally well above resistance at $260.15. Alternatively, it's possible the downward move already ended with the most recent significant low at our support line at $209.65. This scenario would be confirmed if the stock now rises promptly and decisively breaks through our resistance line at $260.15 (probability: 34%).