Red day today on SBUX. Market strong up into resistance. Gap up scan, best tickers into resistance, so I looked for weakness. SBUX gap down below minor levels. Spread was ok when I got in, but widened after. Small position size by default, but ugh! Couldn't find anything that made sense to me after that so wrapped it.
Good news is I cut the loss. Tight stop is the right stop!! Look how much trouble I would have been in if I tried to hold!
Lehavdil... 2 tickers I watched for longs on gaps up FB and AMD... both down.
