ΗON could rise at $220.96

AAATrade Team AAATrade

Today’s instrument is that of Honeywell International Inc., a software-industrial company that provides technology solutions, which is traded in Nasdaq exchange under the ticker HON.

Looking at the HON’s chart, we can see that it was lastly traded at around $208.60. In the next days, its quarterly earnings are expected and if the market’s anticipation is positive on the potential results, then we could see HON’s price climbing towards its 52W high price at $220.96, otherwise we should see it dropping towards its support level at around $196.

Author

AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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