SOHU - the long now through the profit target -- our potential for a short/reversal remained through midday but the levels held above 38.25 and we just rallied into the long profit target so two successful trades on SOHU and now done there for the day.

HITK - was long originally from 30.80 on the initial pullback but did reverse to short off the high of 31.23 x 0.97 = 30.29 and rounded down to the nearest 1/8th or 30.25 which has since gone through its profit target on trade 2. So now looking for a potential final trade - this one long and the swing low of 28.52 x 1.03 = 29.38.

BRCM - to our profit target so now looking for the next trade in the series which would be short based on the current swing high of 26.50 x 0.97 = 25.70 and rounded down to the nearest 1/8th or 25.62

SOHU - currently long - did get the 2% target on that long but not quite the 3% target so be sure you are watchful for a potential short reversal - - calculate off the current swing high of 39.44

SINA - nice move on the long now and through the full target so with 2 trades to full target - short then long we are done for the day with SINA.

OVTI - went long initially from 37.60 that topped out at 38.00 x 0.97 = 36.87 which is where we reversed to short -- that short however hasn't gone far at all 36.67 x 1.03 = 37.77 and rounded up to 37.88 becomes a potential final trade of the day (third in a series) back to long.

NTES - that long did trigger and we are are now targeting the 38.25 area.

AVID - have been short - so far the swing low on that trade is 42.24 x 1.03 = 43.50 which is where we would currently look to exit the short and go long on the break.

SINA - short quick move through the profit target - now looking for a potential long - the swing low was a spike down to 26.12 x 1.03 = 26.90 rounded up to the break of 27.00 to go long which has triggered so now you are in the second trade long -- watch for the potential short/reversal -- and if we get a full target on the long we're done for the day on SINA.

NTES - steady run lower to our profit target on the short so now looking for the potential second trade which would be long. Current swing low is 36.17 x 1.03 = 37.25 but you'll want to watch for potential breaks of that low to recalculate.

JCOM - the short did trigger so you should be watching for some swing lows to caclulate those long reversals to protect your short trade and set-up a potential second trade.

BRCM - so far topped out at 26.23 so our potential short reversal area would be 26.23 x 0.97 = 25.43 or rounding down to nearest 1/8th (long to short round down) you would get 25.37 so holding long for the moment.

SOHU - the short trade is through its profit target so now we look for a potential second trade in the series - this one long. Current swing low, though this can change is 37.15 x 1.03 = 38.27 and round-up to the nearest 1/8th or 38.38.

OVTI - currently long with a target of 38.62

JCOM - gapped and has already reached what would have been our 3% long target area - no trade so far. So, with the long finished we look for the next trade in the series which would be short - current swing high is 52.18 x 0.97 = 50.62 which becomes our short area.

HITK - long on the pullback to our entry and looking at the potential short reversal off the swing high of 31.23 (after the first 10 minutes) x 0.97 = 30.29 and rounded down to the break of 30.25 (round down to nearest 1/8th when long to short)

BRCM - went long from 25.80 putting our profit target at 26.50