Ecolab Inc.
Short
Aktualisiert

Stock Analysis Using Dr. Elder's Three Screens Method

68
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"
Snapshot

After that, I switch to the daily chart and look at the selected stocks on this time frame. This is my "second Elder screen"
Snapshot

And I do the same procedure with the selected charts on the hourly chart

Snapshot

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
Trade ist aktiv
the price has activated a pending order.
Anmerkung
The price reached the level of 1:3. But my goal goes a little further. I'll wait.
Snapshot

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.