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Honeywell Megaphone

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

I’ll level with ya; this is one of those days when I’m absolutely struggling to come up with anything to write about. So I’ll just throw out there a chart I find mildly interesting, which is Honeywell.

Looking closer, you can see a megaphone pattern has been forming for many, many months. If you don’t mind me saying so, it seems to me the recent prices are lofty relative to historical levels.

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