Monday, June 20, 2011

EEE Follow Up

Since Friday's post on EEE, it quickly made up 5.5%.

I was looking for a breakout above $1.90 to consider looking at the trade more seriously; currently it's right in the area.

Here's the 5/15 min charts.

 EEE 5 min

 EEE 10 min

EEE 15 min

*PLEASE remember this is a speculative trade. I always prefer to reduce my risk exposure in speculative trades from about 2% of portfolio to 1% of portfolio.

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