ECOL is running within an upward channel, and its bouncing off from its upward channel line. We think it has good chance to breakdown this channel formation & decline further.
* Trade Criteria * Date First Found- October 9, 2017 Pattern/Why- Upward channel breakdown; Double top formation Entry Target Criteria- Break of $52.47 Exit Target Criteria- $39.33 Stop Loss Criteria- $56.23
Please check back for Trade updates. (Note: Trade update is little delayed here.)