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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.

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Trading idea:

Buy at the breakout of 214.85.

Stop Loss: 210.80.

Target levels: 217.30; 229.40.

Author: GC
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