06/26/2020 Live Update

[BullBear52x]

restructure for future growth, at the mean time, hell with the workers.

[BullBear52x]

It's Friday, magic value area (balanced). Peace!

[JFR]

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.

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 (4.02 KiB) Viewed 2257 times

ROE strong.

2020-06-26_1046.png (3.7 KiB) Viewed 2257 times

[JFR]

ES 5. Down to a key support level.

[Cobra]

Text book target. Sharp rebound here would be 3 Push Down which if indeed then bulls finally see chances.

[Cobra]

Not looking good, consolidation usually means continuation in this case is down.

[Cobra]

Members only update at 3:38 pm
http://www.cobrasmarketview.com/2020/06 ... ay-update/

[JFR]

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.

[Cobra]

Members only update at 3:53 pm
http://www.cobrasmarketview.com/2020/06 ... ay-update/

[Cobra]

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.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449377