Energy Recovery's 15min chart shows Bollinger Bands expanding downward, bearish marubozu.
ByAinvest
Wednesday, Mar 18, 2026 12:17 pm ET1min read
ERII--
Based on Energy Recovery's 15-minute chart, the Bollinger Bands have expanded downward, indicating a bearish trend. Specifically, a bearish Marubozu pattern was observed on March 18, 2023, at 12:15 PM, suggesting that sellers are driving the market and bearish momentum is likely to persist.
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