Friday, June 14, 2013

Energy Recovery, Inc. (ERII) Video Chart for Friday, June 14, 2013

ERII is uptrending again after a pullback, keeping the stock price over the 50-day and 200-day moving averages. The indicators are holding bullish positions which warrants attention as the pps approaches a resistance at $4.30 with the next level of resistance substantially farther ahead at old highs of $5.13.

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