Upon further review of the charts, I have decided to add one additional target to the EGO long trade. EGO was posted as an Active Trade on May 29th and went on to hit the first target the following day for a 6.9% gain. The stock then consolidated around that level for a couple of days and has now begun to move higher (bullish price action). The new price target of 8.48 is in between the original two targets and as such, it will be labeled T2 with the final target, now labeled T3, still at 9.20. It would also be prudent to raise stops to just below the top of the May 30th gap (7.68), or higher, to protect profits. Updated 4 hour chart above.
