I think this is more a LT play.Here is what **promotion blocked**...

I think this is more a LT play.

Here is what stoxline says:
http://au.stoxline.com/q_au.php?symbol=erh&c=ax&Analysis=Analysis

"Price and moving averages has closed below its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term."

"ERH.AX has closed above bottom band by 45.6%. Bollinger Bands are 44.8% wider than normal. The large width of the bands suggest high volatility as compared to ERH.AX's normal range. The bands have been in this wide range for 10 bars. This is a sign that the current trend might continue."

So will continue to watch out for these days around 0.18 to average my position down.