We reviewed the charts of Honeywell (HON) back on June 22 and the charts looked promising - "Aggressive traders could go long HON at current levels risking to $199. The $300 and $347 areas are our new price targets." Unfortunately the rally fizzled in August and prices have weakened. Let's check the charts again.
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Let's check out the charts of this water technology company to see how the short and long-term are shaping up.
Rather than get burned by issues with suddenly inflated prices that eventually could crash back to earth, go with tried-and true-names in technology development.