ben- While KLAC is down today, there’s not really anything new that I see in the charts. I still think that KLAC & the semiconductor equipment stocks look poised to be headed lower but don’t see enough evidence in the charts in both the sector & KLAC in particular to add it back as another short trade just yet. With that being said, if you shorted it & gave your position a little more leeway on the stops vs. the very tight official stop then congrats as I still think there’s a good shot that it will hit the former target of 63.26. If not, I think a stop a little above 71.80 (resistance) seems objective & will still keep losses relatively small based on the entry price of the recently stopped out trade. G-luck if so & if you’re out looking to get back in, best to wait to see if the recent breakout on the QQQ 60-minute chart that I highlighted on the front page of the site earlier today fails as KLAC & the semi equip sector & the semis themselves will likely move sharply lower if QQQ can impulsively take out 116.