 Good evening everyone and welcome. This is Melissa with the Stock Swishing. I'm here today to review WFC this had earnings on Friday morning and It gapped So first thing is first. Let's look at it At 8 a.m. It reported it first gap down. This is somewhat unusual a stock will make a move in one direction hard Then it will flip Which this did into the live day in the opposite direction So you could be watching it and it's gapping down at 9 o'clock It was no longer gapping down. It was neutral by 9 15. It was gapping up. Look at this. This really flipped This doesn't happen all the time. I mean it doesn't happen all the time. It's very rare. I didn't trade this but it was a great example of Volatility Volatility which is what you get in earning season So I watched this in the morning to possibly rate it for a gap down. It was hovering in this area then it flipped Right into the open and went from gapping down to gapping up. I moved off of it. I had other things to watch. I liked better But this is a great example of what earning season brings It's called volatility. It's momentum the stock then opened and had a rally and you could have bought it You could have bought it in a gap up. You could have rated it then Right into the open 15 minutes you had to get set up or see it and watching and see that it flipped Now let's go to the one minute chart and see what you could have made on this Again gap trading is made for the morning trading any person that trades gaps should be in and out of trades very quickly In my professional opinion Here was the setup. I ended up doing jpm, but this worked out as well too Jpm had a bigger target You could have gone along right in here and gotten the rally and been out So you could have made you could have made actually dollar 20. Look at that So in 15 minutes, you could have made a dollar 20 in wells fargo All because of the gap all because of the volatility you would have had to know what to do Know what to watch how to take the entry where to put this stop. No to even watch this Be okay with going long and after it was originally gapping down as you see here This is all stuff That's the benefit of being in the live trading room with me to direct you what to do and and you've got minutes You've got seconds You've got minutes to make the decision to decide and and in that time frame You've really got to decide what you're doing in the day But all you need is one move like that and you can make money day trading daily And that's pretty much what I do Look at the volume in this to the close here. Look So an example of a gap in earnings season wells fargo wfc I did jpm instead because it had a larger target and was smoother And easier to do but this definitely had the move It definitely was a good gap. You definitely could have gone along it You would have had to know where to enter and where to get out If you'd like to learn how to do this, you can email me at melissathesoxwish.com for more information To sign up for the next golden gap class, which is january 28th and 29th. Have a great weekend everyone