 Good afternoon everyone and welcome. This is Melissa Arma with a Stock Swoosh and I'm here today to review BMY. BMY was a gap I did this morning and I took a stop in and then I just was gonna leave it and then I was here today because I had a furniture delivery and I was watching my charts and I decided to do a a late trade in this and it ended up working out. So probably some people in the room did it as well watching this. I know some people still weren't in it, but I did take a stop in this and did a second trade in it later in the day and worked. That is not something I do all the time, but it is something I teach in the class. I'm out of this now, but it looks like it's still going. This could probably drop now into the close, but I got it to the first number to the target. I wanted it to and got back from being down this morning and made profits then this afternoon and when that happens you just take it. So let's first go over the morning trade that stopped. So here in the morning, I was aggressive with this. Okay, I was aggressive with this. It dropped a broker, rallied up. Okay, and this looked great. It looked like it was going to go here. In fact, I was up money at this point except for the fact then it bounced back really hard and then I had pushed the stop back to 50 and it took me out. So that was it. So I mean, I literally was thinking about killing it here and then I didn't even have time and it just took me right out. So I took the stop. This then again looked like it was going to break down, but I kept talking all day in the morning in the room about how the fact that this was going to be sideways. People were trying to go along this. People were trying to short it. But it's a great example again of my ability to be able to read institutional selling and buying. I knew that the institutions weren't buying this today despite the rally it had here in the lift over the high twice and despite the fact it wasn't breaking the low really going, it wasn't full on red. It was really being held down. The resistance level is being held down with people in control of the stock and that was in the gap was the short. So it was a good gap. It was a valid gap to short despite the fact it took a stop in it. I normally do not like to do retakes unless I have 100% conviction something's going to go on to work and I very rarely trade the afternoon. I might do it four times a year and anyways to make a long story short. I did end up doing another trade in this. So I'm going to go over this with you and it was only because really I was here. It was around the house and I ended up You know watching my charts. Usually I step away from what I'm doing So anyways this dropped broke fell 12 o'clock is a major reversal time and so in a 15 minute chart I shorted the stock once it broke 50 again at 99 And I did a very tight stop very very very very very very tight. Okay right here 50 25 It was boomer bust for me because I felt that if it rallied back and did a bias set up right in here That it wasn't going to work because it hadn't broke the low yet from the morning Okay, and it was 12 o'clock major reversal time But I like the fact it broke in here, but you know, I might have lost I didn't but I was taking a chance It ended up working out 49 dollars was the number boom boom boom. This is still going Took it out and off in the sell-up bar right in here. Okay So got a quick secondary move in this in the afternoon I'm sure some other people might still leave me in this but I would bar by bar it now But I will tell you that it looks good and probably now it's going to break 49 But I'm not going to see that number So this ended up working just like I thought today Unfortunately did not work immediately in the morning. Sometimes that happens And I will go over this more in the webinar on Monday About what happened with this, but I think that this this gap this gap itself was a good good example of Number one my rating system to be able to determine that it was a short Despite the fact that it didn't break early, which they usually do here. This goes look at us It's going to break for it just broke 49 No, it's probably this could go to another dollar, but you know anyways, it's a good example of My 26 point golden gap rating system and my ability to be able to read what's really happening in the chart What's happening the chart is that it wasn't getting bought And what's happening the chart is that it was getting sold So it was just whether or not the level was going to push down to sell off to continue to sell off today Or it just wasn't going to push up and rally And this did end up working out very nicely. Let's quick look at the market Markets just sideways here Nothing really to look at there Anyways, bmi was the stocks was show watch today top watch Failed in the morning. You could have retaken it way earlier than I did, but I didn't I wanted the confirmation and I felt the major reversal time Was the confirmation So if you're interested in the golden gap course, I'm running a special today is the last day of it Email me at melissa the stocks wish calm for more information If you would like to sign up for the golden gap class, which is next weekend I'm running a special through today. Thanks everybody. Have a great day