Honeywell International is Oversold – Forbes

Honeywell International is OversoldForbes… trading on Wednesday, shares of HON entered into oversold territory, changing hands as low as $90.18 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum …and more »…Honeywell International is Oversold – Forbes

Emotion is not part of a foreign exchange trading strategy, so do not let worry, greed, or hope determine your trades. Follow your plan, not your feelings. Trading with your feelings constantly leads you astray and is not part of an effective currency trading strategy for making a lot of cash.

Additional resource on RSI Indicator


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s