LEE Possible long trade/headfkae

Unlike UBA which was featured earlier, this is not a large triangle and more likely a consolidation pattern. The volume is also higher so it's a better candidate for a black box system head fake or false breakdown. It may be the real del, but I have some suspicions and if they are confirmed, this could breakout to the upside very quickly and rise very fast. I suggests putting an alert on this one for a move back inside the triangle looking for that false break down/head fake.

 Top triangles are larger and they appear after a protracted uptrend, not  few months. The volume is correct for a consolidation triangle as well.

Heres a 3C 5 min chart which DOES NOT confirm the breakdown so I'm keeping this one on an alert as I suspect this may be a false breakout and false breakouts are powerful movers in the opposite direction once the squeeze starts. At least put an alert for price crossing above $2.95.