Update 10:10: Locked 50 % profit on CKFR - 2 point gain. sweet!
Update 10:57: CKFR has retested its highs and is now consolidating. I've moved my stop to $53.59 which is just below the rising 10 period ema on the 5 min. view.
Update 12:17: Moved my stop on CKFR up to $54.75. This stock is unbelievably strong today.
Update 12:24: Stopped out on the balance of CKFR.
My high speed internet service is on low speed today and it is very difficult to scalp. I've been trading BRCM all morning and I'm finding it very difficult because my quote screens and charts freeze up. They opened a service order to resolve the problem and told me it will take anywhere from 24 to 72 hours. Hope it's closer to 24.
Update 12:47: Here is a chart of the CKFR trade. I've put a Fibonacci retracement on it and will be watching it closely this afternoon for a retracement setup.
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