EEE Trade

EEE has finally broken out and triggered my target, you may want to look at this for a trade with a tight stop and any pullback for an entry.

 Volume is already higher for the day in the first 30 minutes of trading, the price pattern suggests an upside target of $4.50.

On an hourly chart, we have an 8 day long positive divergence suggesting that the base is large enough to sustain a multi-day move and probably reach the $4.50 target. These stocks are difficult to buy because of the gain guilt in when they trigger already, but many times, that gain is just the start. If you use a fairly tight stop and risk management that reflects the speculative nature of the trade, I think it's a long trade worth examining.