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LequteMan
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Nigeria - According to online Business platform Proshare, Honeywell's stocks has bottomed out, opening an opportunity for investment brokers.
"A closer look on the daily chart of HONYFLOUR reveals that earlier stock was making successive lower lows and lower highs followed by a strong blood bath heading towards south side," it says.
"A downtrend line is also lying on the daily technical chart which is providing supply pressure. Bears were controlling the game and that was limited to N2.60 level," it added.
"A closer look on the daily chart of HONYFLOUR reveals that earlier stock was making successive lower lows and lower highs followed by a strong blood bath heading towards south side," it says.
"A downtrend line is also lying on the daily technical chart which is providing supply pressure. Bears were controlling the game and that was limited to N2.60 level," it added.