Ecolab Inc.
Short
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Stock Analysis Using Dr. Elder's Three Screens Method

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According to Mr. Elder's method, I start my analysis with the senior chart, for me it's the Weekly. I look through the list of stocks looking for stocks with a price divergence to the MACD indicator. This is my "first Elder screen"
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After that, I switch to the daily chart and look at the selected stocks on this time frame. This is my "second Elder screen"
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And I do the same procedure with the selected charts on the hourly chart

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On the Hourly chart, I see a great divergence of the price to the indicators.
pending order under the candle marked with an arrow, stop above it, take profit about 1:5
Transaction en cours
the price has activated a pending order.
Note
The price reached the level of 1:3. But my goal goes a little further. I'll wait.
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