Trade ideas
short ECL @ 180.50short 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 chemicals when maintaining the equipment.
trading at all time highs, calling the top now and riding the wave back down, to the beginning of year lows.
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 Double Bottom, Positive DivergenceNice 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.
ECL - RISING WEDGE KEY LEVEL REVERSALECOLABS - SHORT - RISING WEDGE LOOKS TO BE REVERSING AT KEY REVERSAL LEVEL LOOKING TO HIT THAT SECOND TARGET AROUND THE S1
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
ECL Bearish or Bullish?It's too late to Put now, and too early to Call. So just wait and see which way it choose.
