Possible breakout trade, Golden cross imminent Possible entry above $210 Target price $227 Stop loss $205
IN this market environment break puts started to work again. So buy and wait for the all time high reclaim and a push forward.
buy above 194.55 target 196.75 target 198.75 target 202.25 SL:190.75
short ECL horrible company culture, rip off to consumer . reminds me of blockbuster, when they would make more revenue on rental late fees, instead of the actual rental. look where they ended up. consumers will catch on to the fraud. they claim to be in the business of leasing cleaning equipment, but they are in the business of selling their own...
ECOLab - Shorting this asset, look at earnings, all down, I dont really look at that stuff just the chart oscillators. Showing good bear divergence, all 3! Its in a massive uptrend channel and right at the top. Correction is coming, just a matter of time. This can be played with 5x margin and USD @ bit.ly - I think around $150 is a good target to aim for.
Nice setup in ECL with a positive divergence in the 10-day RSI and a break above the 50 EMA on strong volume. Looking for a retest of the recent high, with a stop below the 50 EMA.
Bearish up-thrust with high volume on 1st May 2017 forming a tasuki gap candlestick pattern