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Guy Adami Sees Honeywell (HON) At $35
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Posted on 11/19/09 at 9:24pm by Craig Jones
Guy Adami said on CNBC's Fast Money that he thinks the right price for Honeywell (NYSE: HON) is $35.Guy Adami said on CNBC's Fast Money that he thinks the right price for Honeywell (NYSE: HON) is $35. Guy Adami spotted a double top on Honeywell's (HON) chart, which is a trend reversal sign, and he also sees the support for HON at $35.
Honeywell (HON) dropped 2.47% today to close at $38.25. The stock traded in the range of $37.95 to $38.88, and had a volume of $6.72M.
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