HON: All-time-high breakoutOn the daily chart, HON shifts from “choppy” to impulsive, a visible change in market tone.
The former ATH decision zone (~229) has been cleared, price is now trading in a new area.
After a strong push, a retest of the breakout zone is normal: the market checks whether the level is accepted or was only briefly exceeded.
As long as HON holds above ~229, this reads like acceptance and continuation without any guarantee.
If price falls back below ~229 and stays there, the logic shifts toward a failed breakout and a return into the prior range.
Chartnes Silent Flow is ACTIVE here: I read it as “continuation is favored,” not a promise.
The ~209 area is more of a context support (fallback zone), not a clean pattern relevant, but not the core.
