In Play

Other than a few quick scalps, no trades so far. I'm waiting for the market to settle to see if I can find some quality setups.

Update 12:50 EST - CKFR - Bullish Flag Breakout - This one is outperforming my original target and hasn't shown any sign of weakness so far.

Update 1:05 - Sold 50% CKFR at $55.00 (+2 point profit) Stop set at $54.35.

Update 1:25 - ADBE made a solid break this morning and is consolidating the move in an orderly fashion on the 15 min. view. I'm staking it out for a possible Fibonacci retracement off on this morning's low and hoping for nice pullback entry. Also looking at BRCM, but that one is very choppy.

Update 2:15 - Tightening my stop on CKFR up to $54.57. It's made a base and the 10 period EMA is now above $54.60 on 15 min.

Update 2:45 - ADBE long triggered just above $39.35 on a fairly flat consolidation base.