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Re: mayflyday post# 185949

Tuesday, 09/02/2014 4:17:48 PM

Tuesday, September 02, 2014 4:17:48 PM

Post# of 341661
Long Term Chart Is Setting Up Nicely. Just-What-I-Like-To-SEE
Here you go:

http://stockcharts.com/h-sc/ui?s=ERBB&p=D&yr=0&mn=1&dy=0&id=p81003379524

I like to use the exponential moving averages ema instead of the simple moving averages sma.

Let's start with Money Flow, Green and Green is Good.

MACD, It is crossed over and that is good. While it is still under zero,( needs to be above it)the MACD Histogram is
positive and that is Good!

PRICE. We are Above the 10 day ema and the 20 day ema with the 10 day crossing above the 20 day. Very good!

We are below the 200 day ema of .023 and we need to be above it to sustain a long term rally.

Overall We are moving in the right direction as we have built a strong base of loyal shareholders here under two. So undervalued! Great buys under two!

RSI is above 50, just where we need it.

We are due for a real run back to test the highs and this is where we will make our run from. We just need a few more technicals to line up and we are very close to that happening. ERBB is really making progress now with the IP ZAZZZ, Test Grows, and more.

ERBB LONG!