Golden Cross Alert: Honeywell Nears A Bullish Breakout As Strategic Shakeup Gains Traction

Honeywell International Inc. HON is on the verge of a golden moment — literally. The stock is just about to make a Golden Cross, a classic technical indicator where the 50-day moving average crosses above the 200-day, signaling a potential bullish turn.Chart created using Benzinga ProHoneywell stock, at $221.80, is poised to flip its trend from cautious to confident, with technicals hinting at a subtle shift in investor sentiment despite a moderately bearish backdrop.Read Also: $1000 Invested In This Stock ...