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ntran3

ERII -- Long

Energy Recovery, Inc. (NASDAQ:ERII)  
ntran3  
NASDAQ:ERII   Energy Recovery, Inc.
Trend Analysis
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trendanalysis
--Breakout from a flag with W pattern for base/support
--High volume on breakout
--Weekly chart also so show breakout on flag
--Risk: 2 weeks before ER and Fed meeting
--Consider moving stop loss up
--$SPY show strength before midterm
--See chart. Avoid choppy price action
--Gain ratio 2:1, 3:1
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