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ThetaGator
Feb 24, 2024 8:46 PM

ECL is back in the "saddle"!  Long

Ecolab Inc.NYSE

Description

ECL had been in a long-term uptrend. It took a breather in the second half of '23. But resumed with aggression (to end the year up 35%)! The recent gap up pushed the price perfectly back into the uptrend channel and the bulls have taken recent control pushing above the gap-anchored VWAP. The daily TTM squeeze that just fired caused the MONTHLY squeeze to fire long as well. So, I think this one might be off to the races! Go Long!!
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