ECOLab - Shorting this assetECOLab - 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.
ECL trade ideas
ECL - NICE SHORT - RISING WEDGE BREAKOUT ECL - ECOLAB INC - SHORT
WE MAY HAVE A VERY NICE SHORT HERE WITH THIS RISING WEDGE LOOKING TO BREAK DOWNWARDS. AFTER THE FALSE BREAKS THIRD TIME IS THE CHARM AND WITH A GOOD VIEW OF THE WEEKLY ACTION WE COULD SEE A GOOD FALL DOWN TO THIS KEY LEVEL HIGHLIGHTED IF PRICE CONTINUES TO FALL WE MAY EVEN HIT SECOND TARGET