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Sandeepk31
Jul 30, 2023 4:33 PM

Honeywell Int - Wait for breakout 

Honeywell International Inc.NASDAQ

Description

Honeywell International is trading in a symmetrical triangle channel and needs to breakout on either side to confirm the trend.

On upper side breakout - target is 250+
On lower side breakout - target is 150-160 approx

This is long term view 1- 2 years.

Note - Trade only on monthly final closing basis else you may get stuck in false breakout.
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