although i typically allow more wiggle-room on my stops on a day like today, i am going to consider the recent MKND short trade stopped out as of today for just over a 4% loss from entry.  prices traded above that resistance level all day and managed to close not far off it’s highs. although the stock was not up much, relative to the usual moves in this stock, i’m just not crazy about the lack of follow-thru to the recent break of support. i will watch this trade for another entry opportunity but for now, better to cut the losses tight on this one until we see how the market follows thru to the AAPLfest today.  anyone in the trade could set a stop not far above today’s highs or even a little higher, depending on your personal trading style. daily charts in reverse chronological order below, most recent chart first.