HON Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending HON on July 25, 2024, netting in a 5.47% gain over 1 month

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07/26/24

+5.47% Gain from a Successful pattern Broadening Wedge Ascending

HON - Honeywell International

Ticker: HON

Company: Honeywell International

Gain from shortening: +5.47%

Confirmed: 07/25/24

Succeeded: 07/25/24

Total length: 35 days

On June 20, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Honeywell International (HON, $214.14). 35 days later, on July 25, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 25, 2024, the stock hit the target price of $208.45 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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