Thursday, January 15, 2015 5:19:30 PM
CLF...price on the daily is overbought= it is already UP more then 30% from recent low...
60 minute
dailychart
Daily chart with overlay on 50,2 parameters...this is what I was talking about when price gets outside "both" sets of Bollinger Bands you get some very good moves=Mean Reversion on both sets of Bollinger Bands... CLF did this at 5.63=buy a $6 call option...then you also had the Grail go to work at about 6.50...buy the stock...or another option play...
Today price is completing its mean reversion at the 50 day average...intraday chart is overbought...can price go high...?...sure but I'd wait for another oversold condition on the 6 minute chart...
This is a candle volume chart same settings...
I found this stock from a predefined scan on stockcharts.com "Moved below lower Bollinger Band...Sorted by industry.
http://stockcharts.com/def/servlet/SC.scan?s=TIDE[ac0]L[T.T_EQ_S]![AS0,20,TV_GT_40000]![TC1_GE_AC1]![TC0_LT_AC0]
Stock is oversold on both 20,2 and 50,2 Bands...stock has legal issues...stock claims to be a leader in a new maybe disruptive technology=Yes/no...?...someone has a price target of $5 but I haven't confirmed this...
I will put this on the speculation list...I will own 1000 shares as signals start to show...
Energy Recovery, Inc. designs, develops, and manufactures energy recovery devices (ERDs) that transform untapped energy into reusable energy from industrial fluid flows and pressure cycles. The company's products include PX ERDs and turbochargers for water desalination; AT and Halo turbochargers for low-pressure brackish and high-pressure seawater reverse osmosis systems; Pressure Exchanger energy recovery devices and turbochargers; and high-pressure pumps under the trademarks of AquaBold and AquaSpire. It also offers energy recovery systems comprising turbines and industrial pumps, as well as PX devices; and lsoGen systems that enable oil and gas operators to capture hydraulic energy and generate electricity from high-pressure fluid flows. In addition, the company provides engineering, technical support, and training services; and preventive maintenance and support services, as well as replacement parts and reinstallation services. It serves engineering, procurement, and construction firms that design and build large desalination plants; and original equipment manufacturers, as well as exploration and production companies. The company markets its products directly to customers through its sales organization, as well as through authorized independent sales agents in the United States and internationally. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.
SAN LEANDRO, Calif., Dec. 18, 2014 (GLOBE NEWSWIRE) -- Energy Recovery, Inc. (ERII), the leader in recycling fluid pressure in the oil and gas, chemical and water industries, today announced the Company was awarded the Mirfa mega desalination plant project for its highly reliable PX Pressure Exchanger technology in Abu Dhabi, United Arab Emirates. Mirfa has a production capacity of 136,000 cubic meters per day, tying the Fujairah 1 Expansion as the largest desalination plant reference for Energy Recovery in the UAE.
Power demand in Abu Dhabi is growing at a rate of more than 10 percent a year, while water consumption is projected to rise from 880 million imperial gallons a day at present to 1.15 billion by 2021 as a result of new industrial developments and a fast-growing population. Every year in the UAE alone, Energy Recovery's technology helps produce 405,818,685 liters of water per day and preserves 470,671,591 kWh of energy and $47,067,159 in cost savings. In the country, these savings amount to 324,552 metric tons of carbon dioxide. This is equivalent to taking about 70,000 vehicles off of the road permanently.
"As water and energy demand increase around the globe, more countries are looking to our pressure exchange technology to provide cost effective and energy efficient solutions," said Tom Rooney, Energy Recovery CEO. "As the fourth mega desalination plant in the UAE and the 13th overall, the PX Q300 implementation at Mirfa further validates the technology's strong performance, track record and OEM preference."
After the new technology is fully integrated to the Mirfa plant, the project will have total power generating capacity of 1,600 megawatts and the capacity to deliver nearly 240,000 cubic meters of drinking water per day.
Energy Recovery's PX pressure exchanger and AT TurboCharger technologies are the most efficient and reliable solutions on the market in energy recovery for desalination. This award-winning family of products is unmatched in the industry and is widely adopted around the world for seawater desalination projects, both large and small.
About Energy Recovery
Energy Recovery (ERII) develops award-winning solutions to improve productivity, profitability, and energy efficiency within the oil & gas, chemical, and water industries. Our products simplify complex systems and protect vulnerable equipment. By recycling fluid pressure that would otherwise be lost in critical processes, we save clients more than $1.4 billion (USD) annually. Headquartered in the Bay Area, Energy Recovery has offices in Barcelona, Shanghai, and Dubai. Learn more at www.energyrecovery.com.
ERII
60 minute
dailychart
Daily chart with overlay on 50,2 parameters...this is what I was talking about when price gets outside "both" sets of Bollinger Bands you get some very good moves=Mean Reversion on both sets of Bollinger Bands... CLF did this at 5.63=buy a $6 call option...then you also had the Grail go to work at about 6.50...buy the stock...or another option play...
Today price is completing its mean reversion at the 50 day average...intraday chart is overbought...can price go high...?...sure but I'd wait for another oversold condition on the 6 minute chart...
This is a candle volume chart same settings...
I found this stock from a predefined scan on stockcharts.com "Moved below lower Bollinger Band...Sorted by industry.
http://stockcharts.com/def/servlet/SC.scan?s=TIDE[ac0]L[T.T_EQ_S]![AS0,20,TV_GT_40000]![TC1_GE_AC1]![TC0_LT_AC0]
Stock is oversold on both 20,2 and 50,2 Bands...stock has legal issues...stock claims to be a leader in a new maybe disruptive technology=Yes/no...?...someone has a price target of $5 but I haven't confirmed this...
I will put this on the speculation list...I will own 1000 shares as signals start to show...
Energy Recovery, Inc. designs, develops, and manufactures energy recovery devices (ERDs) that transform untapped energy into reusable energy from industrial fluid flows and pressure cycles. The company's products include PX ERDs and turbochargers for water desalination; AT and Halo turbochargers for low-pressure brackish and high-pressure seawater reverse osmosis systems; Pressure Exchanger energy recovery devices and turbochargers; and high-pressure pumps under the trademarks of AquaBold and AquaSpire. It also offers energy recovery systems comprising turbines and industrial pumps, as well as PX devices; and lsoGen systems that enable oil and gas operators to capture hydraulic energy and generate electricity from high-pressure fluid flows. In addition, the company provides engineering, technical support, and training services; and preventive maintenance and support services, as well as replacement parts and reinstallation services. It serves engineering, procurement, and construction firms that design and build large desalination plants; and original equipment manufacturers, as well as exploration and production companies. The company markets its products directly to customers through its sales organization, as well as through authorized independent sales agents in the United States and internationally. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.
SAN LEANDRO, Calif., Dec. 18, 2014 (GLOBE NEWSWIRE) -- Energy Recovery, Inc. (ERII), the leader in recycling fluid pressure in the oil and gas, chemical and water industries, today announced the Company was awarded the Mirfa mega desalination plant project for its highly reliable PX Pressure Exchanger technology in Abu Dhabi, United Arab Emirates. Mirfa has a production capacity of 136,000 cubic meters per day, tying the Fujairah 1 Expansion as the largest desalination plant reference for Energy Recovery in the UAE.
Power demand in Abu Dhabi is growing at a rate of more than 10 percent a year, while water consumption is projected to rise from 880 million imperial gallons a day at present to 1.15 billion by 2021 as a result of new industrial developments and a fast-growing population. Every year in the UAE alone, Energy Recovery's technology helps produce 405,818,685 liters of water per day and preserves 470,671,591 kWh of energy and $47,067,159 in cost savings. In the country, these savings amount to 324,552 metric tons of carbon dioxide. This is equivalent to taking about 70,000 vehicles off of the road permanently.
"As water and energy demand increase around the globe, more countries are looking to our pressure exchange technology to provide cost effective and energy efficient solutions," said Tom Rooney, Energy Recovery CEO. "As the fourth mega desalination plant in the UAE and the 13th overall, the PX Q300 implementation at Mirfa further validates the technology's strong performance, track record and OEM preference."
After the new technology is fully integrated to the Mirfa plant, the project will have total power generating capacity of 1,600 megawatts and the capacity to deliver nearly 240,000 cubic meters of drinking water per day.
Energy Recovery's PX pressure exchanger and AT TurboCharger technologies are the most efficient and reliable solutions on the market in energy recovery for desalination. This award-winning family of products is unmatched in the industry and is widely adopted around the world for seawater desalination projects, both large and small.
About Energy Recovery
Energy Recovery (ERII) develops award-winning solutions to improve productivity, profitability, and energy efficiency within the oil & gas, chemical, and water industries. Our products simplify complex systems and protect vulnerable equipment. By recycling fluid pressure that would otherwise be lost in critical processes, we save clients more than $1.4 billion (USD) annually. Headquartered in the Bay Area, Energy Recovery has offices in Barcelona, Shanghai, and Dubai. Learn more at www.energyrecovery.com.
ERII
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