Trading Idea for Ecolab Inc. (NYSE)
#ECL
The overall trend is upward. The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence. The inclined channel of the descending truncated pattern is broken.
Trading idea:
Buy at the breakout of 214.85.
Stop Loss: 210.80.
Target levels: 217.30; 229.40.