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gmaier
Posted : Sunday, July 31, 2005 12:38:12 PM
Registered User
Joined: 1/8/2005
Posts: 10
Does anyone have a view on the technicals of this stock? Their fundamentals appear to be improving. They are the leading company that provide cardiovascular safety testing to both large and small pharmaceutical companies. Every new drug must be tested.
Gmaier
TomG18
Posted : Monday, August 1, 2005 1:05:06 AM
Registered User
Joined: 12/2/2004
Posts: 37
I question that fundamentals are improving much, but .. . .
price rising on rising volume since early June
latest week strong volume up days
recently 50DMA crossed up through 200DMA
support at the 50DMA, strong up trend with small consolidation, then bounce, closed near/at daily high
Expect small pullback tomorrow, stochastics NOT over bought, RSI supporting, look to take out 2005 highs
MS & TSV supporting moves since May
What's not to like?

StreetRaven
Posted : Wednesday, August 10, 2005 9:45:34 AM
Registered User
Joined: 1/30/2005
Posts: 4
Rumor has it that the FDA may, in the near future, give ERES the blessing it with held when the stock price dropped from $28.00
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