Ecolab Inc showing a long head and shoulders bottom

Ecolab Inc ECL is a slower moving stock that has a long duration head and shoulders bottom formation.  This one also came up in the BOT power metastock scan yesterday.  It is a stock that moves slow but and take long periods of time to develop trends but it could have a possible 20 to 30 dollars of juice in it if it can get above 51.  But a 20 to 30 dollar move in this stock could take 6 months to a year to develop.

But again, this head and shoulders formation is forming at the top of a long trend, so it is not the most ideal, but still something to be watching here in my opinion.

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The head and shoulders pattern is significant in that it is about 2 and a half years long.  This is no small feat and important in terms of cause.  But the supreme challenge is getting and staying above 51.

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