HONEY WELL STOCK- What you must consider before buying this stock

We have discussed why you should on an intel stock(Intel Corporation (INTC) ) on a short term here, we have analyzed Square which was also listed on how stock pick investment apps. (You can follow them via the RSS feed in our Investment Guide app. 

A typical bullish market was spotted  by the analysts at Investing however the following should be noted before making your decision to buy

• They have been no significant increase in the net income: Share prices are often the reflection of future dividend cash flow. The current growth rate of the stock has not been as impressive as the  rise in the stock price. 

Honey well stock chart(source Investing.com)

Honey Well  Profits in the last 3 years (source:Investing.com)

• The value of RSI(14) 68.329 close to the overbought range of 70 may not be a good sign do well to put this into consideration before buying the stock.

In summary

The price is bound to push up in the very short term but given the warning signs one may have to watch out for a short(sell trade in the coming months/year). Forcast of profits is promising though and guarantees a short term profit

Honey well stock  forecast (source Investing.com)