 Good afternoon everyone and welcome to the stock Swiss show play of the day This is JCP interesting playing here in JCP because I Can't even tell you why I did this today but I Saw it. I saw I was gonna do it. I don't know some of those days you're looking for stuff to do and today there was absolutely nothing There was one thing that rated good enough But I didn't feel like I had a big enough target in it And I didn't like anything else and I knew the market was bullish And I was looking for something that I really had conviction in and actually being able to train with conviction Really really helps you it helps in two ways one and helps you make money when you find conviction have conviction and see something With conviction and you do it like I did this today Or if you don't have conviction in something then you don't do it and if you don't have conviction then you don't do it So if you don't have conviction then you don't take the train and I didn't have conviction a lot of stuff today So basically let's go over the JCP Honestly, this really didn't gap today And just I'm just playing a chart that I'm in love with here to the downside and so and I saw this I saw this I Saw it before it did it it was it was very aggressive to do this today It was a great call though. It's working and it's still working So target today is a 30 a 25 17 and $8 and then 750 and this could have a huge target today and I saw that I saw it was wearing it saw the potential for this to set Up, but it was very very aggressive to do this though Because I did it so early Actually shorted this all the way back here. I did it It looks like a piece of gobbledygook, but I just I just I saw the daily chart. That's what I saw the daily chart Tell you play the daily chart play the daily chart And then it rallied up again here and set up here in the 15 minute You could have done it out here in the 15 minute and this doesn't always happen But it actually did the out of the five minute as well It just so happened that the five minute and the 15 minute were the exact same So that was a good place to add and then lower the stop Dropped again broke alone dropped again and broken new low is bouncing off of 833 Which is really 832 was which is a number. It was a number So if you're in this if you're in this now, you could have a tight stop here It shouldn't go over here if it's going to go back down again on the day It might be done for the day though because 832 was a target. I mean, it's got within three cents of 830 and The market's very strong today But this is nice fall through a continuation no matter what this does today if it closed right now pretend It was four o'clock or three fifty six This is lower tomorrow. This is lower now It's a really has a beautiful look to it here and I actually talked about this I don't remember when but at some point because it was I was saying here that I never in a million years would have bought this Foolish gap and I never would have bought this gap down failure here And I would have never bought this gap up here. Oh, I know we're talking about we're talking about it because I said to Diane about if she had a million dollars would she buy this and She said no, so that was a good decision and do you see how what this is doing here now? So the shorts are gonna start to come back into this JCP again here. I I think it's gonna be somewhere under Edish Possibly even under seven But JCP penny is still in play here today This is an all-day play now even if you did it in the morning It's an all-day play to short stock will close looking very similar to this today We'll never make it over the high today We'll have a nice fat red bar in the day and with a potential for a dream target And this is a little bit of a snail So you don't really have to babysit it It was a great call that I made this today because it was hard to see it was gonna happen before it did it But I did see it and it was a good call and as soon as you took it you're up in it and we were up as soon as we took the trade and Every chance we had to make money it kept going and working beautifully and kept giving you more conviction and more confirmation And as the market rally this kept doing everything great and never did anything wrong ever since the first trade It never did anything wrong. So, you know some days you don't have anything to do and you get you know Have a good eye or you get lucky you see something that's amazing and it works and you just it's a happy trade It's a happy trade because it was a great call That you're up money in as soon as you take it and And you know that you have a lot of conviction in it where you don't feel like you have to really just babysit it It's not whippy. There's nothing wrong with it Great show weakness here Beautiful trade and I love taking trades where you're up money as soon as you take them So really nice Colin JCP and and I just want to clarify with everyone this actually is not a gap I can't really explain why I did this today other than the fact that I saw it was going to do it before it happens And I do have a good eye to see things before they happen So as you become better at reading charts, you will be able to do that, too Okay, I was talking about this earlier today to know what is born a good trader You must learn how to be a good trader you learn the skill and the more you trade the better your skill gets Okay So that's why this idea of being on streaks is ridiculous because you will get better over time You will get better over time as your skills improve and everyone that trades does You have to learn what to do Which many people don't know how but if you do learn what to do your skills will improve over time And you will get better and your eye gets better your eye gets good at seeing and spotting weakness or strength And then that's what you play on. So it's a nice short here today. I prefer to go short. I love to short I love to short This is Melissa with the stockswush.com if you're interested in more information on the upcoming gap class It's this weekend at march 22nd and 23rd If you'd like more information email me at melissa at the stockswush.com And feel free to reach out to me. Thanks everybody. This is jcp stocks with show play of the day See where it goes Nice day. Thanks