Jan. 30 at 2:52 AM
$OTIS buyers are officially fighting back! 🛗💪
After a brutal earnings flush to a fresh 52-week low of
$84.00, we’re seeing a massive weekly wick form as the dip-buyers step in. No cap, the China headlines are mid, but a 30% jump in modernization backlog and today's
$0.42 dividend declaration are too good for the value crowd to pass up.
🐂 Bulls: Defending the
$84 wick. Looking to reclaim
$90.60 to confirm the reversal.
🐻 Bears: Still riding the revenue miss. If
$84 breaks, the elevator is going to the basement.
Key levels to confirm:
✅ Over
$90.60 = Recovery is real
❌ Below
$84.00 = The floor is paper
#hovdid
$OTIS #Industrial #Dividends #Trading #MarketUpdate
