Honeywell Megaphone

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I’ll level with ya; this is one of those days when I’m absolutely struggling to come up with anything to write about. So I’ll just throw out there a chart I find mildly interesting, which is Honeywell.

Looking closer, you can see a megaphone pattern has been forming for many, many months. If you don’t mind me saying so, it seems to me the recent prices are lofty relative to historical levels.