Ecolab Inc (NYSE:ECL)
CAPS Rating:
The Company develops and markets premium products and services for the hospitality, foodservice, healthcare and industrial markets.
The Company develops and markets premium products and services for the hospitality, foodservice, healthcare and industrial markets.
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Recs
Defensive play (cleaning and sanitizing services to healthcare/food service industry), Technically strong for multiweek swing trade (weekly chart shows MACD divergence, daily displays double bottom pattern with support at 50 day MA) Will likely meet resistance at 200 week moving average (just under 40).