 Good afternoon, everyone. This is Melissa with thestockswitch.com and welcome. Welcome to Lulu. Lulu really shows you the power of the Gap. Look at the Gap that Lulu had. This was just a couple of days ago. Date on this Gap here from Lulu was the 13th. Look at the beautiful move that Lulu had here on Monday and the follow-through now that it's breaking today. This stock has not had one green day since it gapped. We can't back up at all. Hasn't retraced even 50% of the original move here of the day of the Gap. And now like that, I'm actually surprised. This is not, obviously, it's almost four o'clock. It's not going to get to 48 today, but it will. This is going to continue here tomorrow. Larger target on Lulu for a swing train. Well, the first target was the 48. And I really feel like 47 is possible even in the next few days. Just can't get a breath of life here. And the whole time that this is happening here, the market's very, very bullish. So you know that the weakness here is real. Well, you know the weakness is real anyways. I mean, this is just one of these things where it's, you know, it really gives you a lot of conviction in gaps and gaps to play on the strength for not only day trades, which was the 13th here, but also the longer term to be in as a swing or a court trade. I mean, the high of the gap here on Lulu on the 13th was 51.75. Today it sits down at 48.50. That's a nice trade. And so you're in here the day trade. You stay with it. Look how much you'd still be up in this. We're still holding it. I mean, I really think 48 is even in sight this week. Now, here's what happened in this in the 15 minute, and I'll go over the one minute. 48.50 won a touchdown on a 12.30. When it backed up here and tried to break a new low and couldn't do it here into two o'clock major reversal time, it was done for the day. So if you were in Lulu short all day, you had to exit here. It didn't break a new low, but had a nice trade this morning. Let's go look here. Gosh, I wonder what it would be like if the market, the equities market would open be open 24 hours. It's, you know, I have no concept of time since I've come back to New York. It wouldn't be for the fact that I actually have to set my alarm now every morning to get up to trade. I never had to set my alarm before. I mean, I would, but I never needed it. I would always get up before my alarm. And ever since I moved to the city, I have no concept of time specifically because it's winter now and it gets dark so early, but it's like I have no concept of time. I have to set the alarm or I don't get out of bed. I don't know what time I'm going to bed and it's hard to see what time I'm getting up. And it's been so dark in the morning and gets dark so early and I have no concept of time. I didn't want to get out of the bed in the morning. It's pitch back dark like it's night and everything in the city is living and breathing and moving like 24 hours. It would be really interesting to see if the equity market was open 24 hours, what would be the hours I would trade. I would come up with some other system for trading a different timeframe, probably like late in the night. It's hilarious because of this fact that I'm up later and later now that live in the city. In fact, my gym is open 24 hours a day in my building. I mean, I could have a piece of chocolate cake at midnight and then go run it off at 3 a.m. It's just hilarious. Okay, so here's Lulu. This is Lulu today. Open under $50. Couldn't get over it. Held, held immediately. Of course, you know, you're not shorting this right here for no reason. It's stocked in Gap today, but it's already followed through continuation Gap from the day of the original Gap back on Monday. Today's Thursday. It's four days into it. There's a cell set up right here. A beautiful nice set of cells set up when it breaks 50. And again, you can play this tight if you want to, which is here. The large red bar that happens out of the gate tells you that it's weak. If you wanted to give a little bit more room, you could have, but I think you could have been tight with it here. Why? Because this is a good time of the day for this to be triggering into the first five minutes. And actually, the right thing to do is to get this down here. The first target is 49. If it doesn't break it and get down there, you get out of a portion of the trade. As it turns out, if you held it all the way to the target, never backed over. It could have lowered the stop here, could have done an add here. And here was a good time of the day because it's getting into 10 o'clock, drives all the way down, and to here into $49. And this is the first target. As it turns out, Lulu set up on every five minutes today. We're talking about this earlier about bias setups and cell setups. You cannot take every cell set up in a stock that's in a downtrend. You can't. If you do, they don't all hold. And those of you that do sell setups that don't really understand what a cell setup is, you think you do. But you don't really understand exactly where to take them. Know this because I'm sure you've done many cell setups and they don't all hold and you wonder why. A lot of places talk about rallies in two areas to do cell setups. They don't all hold. You really have to understand where they're going to hold, why they're going to hold in the numbers. That's something that I teach in the class more specifically. I'm not going to get into that here, but Lulu was okay to short into every rally today. Why? Why, why, why? It's falling off a planet. It's falling off a cliff. There's no hope for this Lulu now. It's going to get down to the number. Look at this area here at resistance that it's holding. Beautiful. Comes down again, can't get over it. Comes out again, can't get over it. Comes up again, and can't get over it. This is picture perfect, except for the fact that it didn't break a new low in here into two o'clock and so you're out. Really nice move though today. If you wanted to do a short today against the market, Lulu was a nice follow through continuation gap play. Continuation gaps can be part of your trading plan if you want to do these. Personally, I usually prefer new brand new gaps in the day, but every once in a while I'll see something that has more targeted at more room and decide to do a continuation or follow through. It's usually only if I have nothing else to do though on the day. That's rare specifically in earning season, but it's one of these things where you got to pick and choose what you do. I think it's good to be very disciplined in how many trades you take a day. You do a follow through. If it doesn't work, your better chance is to just lay off of it or wait for a higher team setup. But, you know, Lulu happened and set up immediately today on the lower timeframe of the women's chart. And how are you getting this information? What are you doing it? Where is it all coming from? Where is the conviction? Where is the basis from everything? It's the gap. Always goes back to the gap. It's the gap. It's the gap. It's the gap. It's the gap. You rate the gap, the day of the gap, the rating of the gap. The gap rates over 20 points. You know there's weakness there and you can short it to trade and that's what gives you conviction to do it, to take the trade and to take the risk. This is Melissa with the stockswish.com. This is Lulu, a golden gap, a golden gap which it was on my list many, many times. Last year in 2013, I think I did a couple different. I think it was the gap in the month. Yeah. Lulu was the gap in the month I think last year, one of the months. So you know Lulu is just amazing and this is one of the stocks that can run like the Dickens really can and doesn't really have usually that big of a spread. So it's a nice stock to trade if you understand how to trade it. And not that bad of a price point either here around this $50 range. This is Melissa with the stockswish.com, the golden gap classes this weekend. Still a few spots left. If you want to sign up, it's Saturday and Sunday, 9 a.m. to 5 p.m. Eastern time. You can email me at Melissa at the stockswish.com for more information. Thanks everybody. Have a great day.