Tough trading day in the markets today. The market is stalling right at the upper part of the channel. A push above that channel will be a really bullish sign as we have been in this range for quite sometime now. Until we get a confirmed break of that channel or a confirmed reversal back to the bottom there is not much we can do but daytrade momo stocks and wait.


Here is a look at the trades from the boom room today:

Bulls subs: check out my review of our halo trade today.


JBLU- short setup

DAL- short setup

FOE- gap fill

NEWP- stock flagging.. watch 13 break

ACI- breakout watch

NR- watching for the 7 dollar break







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