Today we will analyze the stock HONEYWELL INTERNATIONAL I (HON.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in HONEYWELL INTERNATIONAL I (HON.BA)
1- Last bearish trend was from 26.95 $ (10/14/2008) to 23.60 $ (10/20/2008) a 3.35 $ move 2- The current bullish trend started from 23.60 $ at 10/20/2008 and is currently trading at 24.40 $.
3- HON.BA current support level is at 24.39 which is the 23.60 % fibonacci retracement of the last 3.35 $ move.
4- HON.BA current resistance level is at 24.88 which is the 38.20 % fibonacci retracement of the last 3.35 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
HONEYWELL INTERNATIONAL I (HON.BA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 26.950 and 38.500 that was broken up at 24.230 transforming into a supporting line.
HONEYWELL INTERNATIONAL I (HON.BA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 26.950 and 51.700 that was broken up at 24.400 transforming into a supporting line.
HONEYWELL INTERNATIONAL I (HON.BA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 26.950 and 51.700 that was broken up at 24.400 transforming into a supporting line.

Stock Trading Conclusion:
HONEYWELL INTERNATIONAL I (HON.BA) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 24.88, 25.28, 25.67, 26.95, 27.86, 29.02.
Stock Support levels : 24.39, 24.21, 24.09, 24.00, 23.91, 23.60, -462.27, -497.22,.