KLAC short set up below 37.60 looking for a move to 37.30 for first target. KLAC chart is weak 100 period moving average (38) on 60 minute chart is looking like a formidable resistance area. KLAC can't seem to 'keep it above this area'
CCMP never gets to 48.. regains the morning uptrend at the bounce off rising 50 period moving average (48.20) and (48.38) rising 20 on 5 minute chart. If CCMP takes out 48.63, we might have a continued move UP by the 2:00 reversal period. Early long closed new buy stop above 48.30