BOOM - Failed 44.69 Again

Posted by downtowntrader | 10/04/2005 07:25:00 PM | 0 comments »

Boom reversed hard today and failed to hold 44.69 for the third time. It stopped at the fan line at least and may trade around the line for a few sessions. I had a near term target of 46.46 for the double bottom breakout and it hit 46.49. Let's see what happens tomorrow with the split.