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Honeywell bounces from double bottom: buy signal in its first week

Honeywell International enters a fresh buy signal in its first week. Double bottom in the 208/209 area, bullish weekly structure, and recovering MACD histogram. Acceptable setup but still building: medium signal strength, 8th out of 13 in the ranking.

In Summary
Honeywell International opens a fresh buy signal in its first week, built on a double bottom in the 208/209 area with an intermediate 5% rebound. The weekly structure is bullish, the MACD histogram is recovering, but the daily Ichimoku cloud still sits above the price. Signal strength at 50 out of 100, IQS Phase in ordinary territory at 53: a solid case, not yet a standout.
Fresh BUY ·1st week from start ·US stocks ·T1
IQS Phase
53
ordinary
Signal Strength
50
medium
Sizing
STANDARD
Ranking
#8 / 13
New us stocks
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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