21.09.2016 - We expect a rebound of United Technologies in the near future
Price of United Technologies has shown a strong decline recently, and came close to the psychologically important level of 100.00 and the bottom of the channel. In case of breaking through these levels, and fixing below them, the quotes will probably fall to 91.80 and 84.00. At the moment, there is a possibility of rebound of quotations with the first target at 104.00. Our medium-term outlook is positive and we expect a rebound in the near future.