03.06.2015 - United Technologies is likely to resume growth
The stock price of United Technologies is trying to gain a foothold beyond the local downtrend channel. Currently quotes show the strong growth and in the near future, most likely, will reach the psychologically important level of 120.00. In case of overcoming this level, the price will likely continue to rise to the level of 124,00. On the other hand, a drop in prices in the nearest future is possible to the strong support level at 112.80. We expect the price growth in the near future, but we recommend to wait for a confirmation of the signal to buy.