 Good afternoon everyone and welcome to the Stock Swoosh Show Play of the Day. This is Matt, wonderful, wonderful Golden Gap. So happy back in a groove where things are going to massive numbers. Love that. Ernie's using his full swing. Feels like normal world now again. Here it is, July 17th. Everything worked today. Everything worked today. So that's the ticket. It's like Christmas in July here for Golden Gaps today because everything worked. And you could have done everything basically. And I rated so many things this morning. It's not even funny. And I'm actually still in some of this. And it's working and it's holding. But I'm out of actually quite a bit. So let's go over it. This is the mat. One of the reasons that I really like this mat. Look at this. This is going to keep going. One of the reasons I really like the mat today is because it was a good gap. It rated well according to my 26 point rating system. Number one. Number two. When I studied the chart and looked at it, I said, boy, this is really actually good. And I also know a lot of traders typically tend to buy these types of cap downs or they don't do them at all. And they don't short them. But this was a short today. It was a good quality short. And you really knew how to, you needed to know how to read the gap today to short this. Which I do know how to read gaps and how to reprice. It was a great short. A great call. Great entry in here. And it's working. And it has a lot of potential for this afternoon to play out. And I usually don't hold anything into the afternoon. But this is worth it today. This is worth it today. Next number is 36, then 3550. The stock could go to $35 today. So it is worth it for me to hold a portion of this down to a bigger number this afternoon. Absolutely. 100%. And I really had a lot of conviction in this. And I was patient with it. I waited it. And I stayed right on top of it. I didn't move off of it. And I did the right thing with this. It was a great call. Perfect, perfect, perfect entry here in the mat. This couldn't have gotten a better stop, actually. The stop on this I was anticipating being fairly large. It was much, much, much, much better than expected. Here it hit. Rolled all the way over. So I got out of a portion of this into the first drop in the morning, which I think is the right thing to do. But the market is not doing anything to help us today. The market is against us today. This gap is on its own 100% to go wherever it wants to go to. What I loved about this gap was that this gap was either going to work today based on institutional selling or not at all, because traders weren't going to short this. And some traders tried to probably buy this at different points today. And it's not along. It is a short. It was a good bearish gap. It is a good bearish gap. This has a lot of potential here this afternoon. I'm really going to be watching this, watching this between now and 12 o'clock. I think this breaks a load of the data before 12. Look, it's trying to do it right now. 20 cents for the lower today. This is going to be a huge trade, if this goes to one of these bigger numbers. I mean, I'm already upbooked nicely now. And I put the stop. I even lowered the stop in this. I lowered the stop in this then for the rest still to be positive. But if it would have taken me out over 37, and it just had a big rally in there and did not take me out. And this is breaking down again. It's just set up in the 15 minute. Just set up in the 15 minute here. And it held. This is going to break the low. Nice call. Nice call in this today. And I'm sticking with it. So if you want to hold something to the bigger number, to the dream target, if you want to do it, there's no way things don't just go straight down usually right to the huge dream target. I mean, I'm not saying that they never do, but I'm saying it's rare. Usually things go to a number, push back, go to another number, push back, go to another number. You know, and you just got to be aware of it. But to hold something to a bigger number sometimes is so rewarding because the money can be really, really good. You can get another dollar out of something sometimes. And that makes a big difference. Even if you don't have the whole position, it makes a big difference. Really makes a huge amount of difference. So a really good gap today in math. This is a nice chart. It's a bearish gap. And a lot of traders didn't do this today or didn't give it the credibility that it really had because they don't know how to read gaps. And people lots of times see these things and they say, well, this is a big gap down here and they want to go along it. This was a nice gap today based on institutional selling and that's what's creating the moves and that's why this worked so pretty, so beautifully, so well, so quickly. It's because it just got sold off. Selling, selling, selling, selling, selling. Good gap. This is the Stock Swish Show Live. My name is Melissa Armoff. If you'd like more information, if you want to learn how to trade gaps and if you want to learn how to trade stocks and if you want to learn how to reprice and trade, you can email me at melissa at thestockswish.com The next golden gap class is July 26 and 27. There was a ton of things to do today. You could have hit it all today and I had the list in the room and read it, I think, five or six things I'm going to remember now. My two top picks worked for the shorts, though, right out of the game and it was a good day. This is in tomorrow's Friday. It feels like Friday today, though. So I'm going to be following the math down and through, okay, following the math down and through with the rest of what I have of this and we'll see how it plays out. Nice, nice math here. Can't lose in this now. Lower the stop underneath my initial price, but, you know, I'll be thrilled if this thing goes to the dream number today. So have a great day, everybody. Have a fantastic day. This is Melissa with thestockswish.com. Email me if you'd like more information on the upcoming gap class. It's Christmas in July today for the Stockswish Show Live trading room with Matt and tons of gaps working. Have a great day, everybody.