Stopped out of HMC on the gap-down this morning, tiny loss. Here’s a 60-min chart:
I see now that I jumped in too soon, I would have rather waited for price to cross that orange trendline causing resistance. But I didn’t want to set my stop below the 36.50 Fibonacci line (blue support) on the bottom, because that would just be wasting money. I’ll keep watching HMC, because seriously, it’s not like Honda is going to just disappear off the face of the Earth, right? (knock on wood)
