Friday, February 4, 2011

EEE Continues it's vertical climb

Numerous posts on EEE have been put out and trades, it's now up over for us 613% since 12/29 when it triggered at $.61, we had another alert trade just this week on 2/2 I believe.

Here's the charts
 EEE Here's the original trade at $.61-We've had subsequent trades since.

 The 5 min 3C looks good

 1 min 3C shows profit taking at the highs today

 Here's a possible stop based on a 10-bar moving average on a 15 minute chart

Here's a longer Trend Channel stop using a 60 minute chart.

I'd probably be taking some profit off the table today and trailing a stop.

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