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06/26/2020 Live Update

Re: 06/26/2020 Live Update

Postby BullBear52x » Fri Jun 26, 2020 1:17 pm

restructure for future growth, at the mean time, hell with the workers. :?
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Re: 06/26/2020 Live Update

Postby BullBear52x » Fri Jun 26, 2020 1:35 pm

It's Friday, magic value area (balanced). Peace!
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Re: 06/26/2020 Live Update

Postby JFR » Fri Jun 26, 2020 1:50 pm

BullBear52x wrote:Why no one mentioned HoneyWell? lay off on second round today.


Honeywell? Closing Coon Rapids plant, eliminating 212 jobs.

https://www.washingtontimes.com/news/20 ... in-august/

Honeywell closing Coon Rapids plant in August

By - Associated Press - Friday, June 26, 2020
COON RAPIDS, Minn. (AP) - Honeywell International says it will close its plant in Coon Rapids in August and eliminate dozens of jobs as it consolidates its production into other U.S. operations.

The Coon Rapids plant employed 212, but the company says some employees have retired, transferred or found other jobs since it told them of the plans to close last year.


BullBear52x wrote:restructure for future growth, at the mean time, hell with the workers. :?


However, it seems to be in good shape financially. As BNB52 notes: "to hell with the workers." Companies with a social conscience? Bottom line, Baby --> Profits.

EPS strong.

2020-06-26_1045.png
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ROE strong.

2020-06-26_1046.png
2020-06-26_1046.png (3.7 KiB) Viewed 464 times
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Re: 06/26/2020 Live Update

Postby JFR » Fri Jun 26, 2020 2:42 pm

ES 5. Down to a key support level.


2020-06-26_1141.png
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Re: 06/26/2020 Live Update

Postby Cobra » Fri Jun 26, 2020 2:50 pm

Text book target. Sharp rebound here would be 3 Push Down which if indeed then bulls finally see chances.
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Re: 06/26/2020 Live Update

Postby Cobra » Fri Jun 26, 2020 3:25 pm

Not looking good, consolidation usually means continuation in this case is down.
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Re: 06/26/2020 Live Update

Postby Cobra » Fri Jun 26, 2020 3:38 pm


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Re: 06/26/2020 Live Update

Postby JFR » Fri Jun 26, 2020 3:50 pm

ES 5. Support holding, for the time being. Another stock market week has come and gone. Have a good weekend, Everyone.

Thank you, Cobra, for your hosting and calls.


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Re: 06/26/2020 Live Update

Postby Cobra » Fri Jun 26, 2020 3:54 pm


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Re: 06/26/2020 Live Update

Postby Cobra » Fri Jun 26, 2020 3:55 pm

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

Thank you guys, I'll see you in another thread soon.

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