Seeking Alpha

Jim Van Meerten's  Instablog

Jim Van Meerten
Send Message
Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • Energy Recovery - Buy Signals 5 comments
    Jun 17, 2014 12:50 PM | about stocks: ERII

    Today I added Energy Recovery (NASDAQ:ERII) to the Barchart Van Meerten Speculative portfolio for excellent current momentum:

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signals
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 39.952% in the last month
    • Relative Strength Index 71.41%
    • Barchart computes a technical support level at 5.54
    • Recently traded at 6.03 with a 50 day moving average of 5.09
    Stocks: ERII
Back To Jim Van Meerten's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (5)
Track new comments
  • SDMSF
    , contributor
    Comments (114) | Send Message
     
    Jim can your work detect if this is a short covering rally or the real thing. $ERII has a large short out there 22% of shares outstanding. I own and am taking the ride believe in this company long term but would feel more comfortable if I knew the answer to my question.
    17 Jun 2014, 02:11 PM Reply Like
  • Jim Van Meerten
    , contributor
    Comments (657) | Send Message
     
    Author’s reply » the NASDAQ.com website covers short interest
    17 Jun 2014, 03:48 PM Reply Like
  • SDMSF
    , contributor
    Comments (114) | Send Message
     
    thank you will check it out. from your experience would you differentiate between new buying and short covering.
    17 Jun 2014, 03:59 PM Reply Like
  • Jim Van Meerten
    , contributor
    Comments (657) | Send Message
     
    Author’s reply » look at total volumne
    17 Jun 2014, 04:07 PM Reply Like
  • SDMSF
    , contributor
    Comments (114) | Send Message
     
    again thank you very much. do you take requests. if so $ktos
    17 Jun 2014, 04:09 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • $ELLI - 100% Barchart technical buy signals - 7 new highs and up 19.25% in the last month - Relative Strength Index 72.13%
    2 days ago
  • $CLB - 96% Barchart technical buy signals - 11 new highs and up 23.04% in the last month - Relative Strength Index 69.91%
    2 days ago
  • $TASR - 88% Barchart technical buy signals - 12 new highs and up 33.97% in the last month - Relative Strength Index 72..44%
    2 days ago
More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.