Short term view - UNITED TECH CP : The background trend is clearly bullish.
The background trend is clearly bullish. Prices are still making progress but there is less power in the movement.The next resistance is at $135.70. Breaking below the support at $123.10 would invalidate the trend.
United Technologies provides technology products and services to the building systems and aerospace industries. The company has four segments: Otis, which designs, manufactures, sells and installs passenger and freight elevators; Carrier, which provides heating, ventilating, air conditioning refrigeration, fire, security and building automation products; Pratt & Whitney, which supplies aircraft engines for the commercial, military, business jet and general aviation market; and Collins Aerospace Systems, which provides aerospace products and aftermarket service solutions for aircraft manufacturers, airlines, regional, business and general aviation markets, military, space and undersea operations.
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