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United Technologies Needs Positive Earnings to Spur a Recovery

NEW YORK (TheStreet) -- As an international company, United Technologies (UTX - Get Report) has suffered from a slowing global economy and a strong U.S. dollar abroad. When it reports earnings Tuesday it will need a good showingto move out of bear market territory.

Like other companies, the China-induced crash of Aug. 24 that has become known as "Black Monday" put United Techbnologies under a cloud but the stock has a technical set-up on its weekly chart that could begin a share-price recovery company if earnings are good.

United Technologies is a component of the...


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