 Now, this is Melissa Arbaugh and I'm reviewing here Full Locker, Full Locker was a great gap on Friday. Now, usually I'll look at longs, but I will look at the best gap. And to be honest with you, this was the best gap on Friday, which I did tell the room. Now, why? Why was this the best gap? Again, this was Friday. Mark was closed Monday, Tuesday morning. Not really anything to do with this here, but I just wanna show you why this was the best gap. Actually, let me just grab here where we opened. We opened at 52.37. So, Full Locker had earnings. Closed the night before at 46.39. Open here at 52.37. Now, this reported was Friday morning. Okay, so this was one that came out in the morning. Sometimes stocks report at night earnings. Sometimes they reported the morning. This was an earnings gap. Okay, it reported Friday morning. It was the best gap. And this is something that I teach in a combination of the Golden Gap course and the Trends course. Why was I so in love with this? And again, I prefer to short rather than go long, but the reason is that Full Locker was, okay, on Friday morning, something called a corrective gap. So, this chart was in a downtrend. It was even in a downtrend in 2017. Started off the year very poorly. With a gap down that happened here was a great short. This was actually, that was about two years ago, or a year ago, 2017. 2016 stock was in an uptrend. The market was rallying here all last year. This was May earnings a year ago, and stock fell never looked back since. The stock, literally, from the previous earnings was up in the 70s, and then at one point, again, this is last year, 2017 was in the 30s. So the stock lost more than 50% of its value in less than a year, and that is the power of the gap. Now, it's turned around. The reason this was so powerful on Friday because Full Locker then went from an immediate downtrend into an immediate uptrend. That is rare. You don't see gaps like this that often. Now, it's not that there aren't plenty of days to play quality gaps. I'm still very picky. You still can't buy every gap up, and you still can't short every gap down, but I am so good at determining the ones to do that with. But in this case here, this was even more special because it changed the trend in the chart. It's called a corrective gap. This is something that I teach in a combination of the trends class and the golden gap course. It was very, very powerful. This was an amazing long on Friday because of that reason, okay? This should fall through, would not trade this today. Markets down this morning, and also, what are you gonna do with this here after the bar that it had on Friday? Wouldn't day trade it. But long term, Full Locker is higher now. 60 is the next point, and that's in sight. This was a really nice gap. You could have day traded it all day long on Friday several times, and you could be in it as a swing trade or you could have done it as an option and just been in and out on Friday. So I wanted to show everyone also here what a gap is for those of you that do not know. A gap is just a difference between the close and the open. Gaps can happen up or down, all right? But I'm looking for institutional money in a gap, and I decide to play a gap or look at a gap or even watch for a setup in a gap to take it into the live day. Never trade in the pre-market, never trade in the post-market. Too dangerous, too wild. Not enough volume usually either. Look at this actually, this is volume this morning, I'm surprised. This could even fall through today, but I wouldn't go on this today. But anyways, a gap is a difference between the close and the open. So you see here now, this was the after hours on the previous night, Thursday night, and then the stock gapping up in the pre-market here in the morning. So the pre-market activity is where you see the gap. You can also look at it in your level two if you want. But for Footlocker, where it closed and opened, this is a gap. Closed at one price here, open at a different price. The gaps can be big, they can be small, and we play gaps of all kinds, okay? I have to see that institutions are gonna come in and follow through the movement that the gap's happening, whether it's buying or selling. And that is what I teach in the Golden Gap class, it's a rating system, it's a 26-point rating system. Footlocker was a great gap, and they just hands down, I said that in the room in the morning, this was a great gap. It even went farther than I thought. I mean, 55 was a normal target for this, 54, 55, this went up to 56, and went over 56. So it is important to find specific things to trade. Why? That's how you're gonna make money in the market. You don't need the market's directional bias to be read correctly then daily every day in order to get stuff. Lots of times things will gap with the market, like Footlocker's down the day just because of the market overall, but the stock is still strong. You need to find specific things to trade. You need to find specific times to do them. A gap is a difference between the close and the open, shocks and cap, up and down. I prefer to look at shorts, but I'm picking on Footlocker here because it was such a great call, such a great read, this chart is now in an uptrend, and it collapsed last year during a very bullish time in the market, this thing is gonna turn around, it has, so I like it as a long, I just wouldn't day trade it today. Friday was a day to do it, it was a huge, huge winner, and congratulations to everyone that did it. Great read I had on this chart, great bullish gap, every once in a while we will look at longs, but Footlocker was the one for Friday. And again, the corrective gaps is something I teach in the combination, the golden gap course and the trends course, but it's rare. But when you find one that switches trend, whether it makes it from an uptrend to a downtrend to an uptrend, they're so powerful, so, so, so, so, so, so powerful. And you gotta learn how to find them and spot them and play them, because that's how you're gonna make money in the market. So congratulations to everyone that did Footlocker and great read by me, if you're interested in the golden gap course, the next class is June 9th and 10th for the month of June, and you can email me at melissathestockswush.com to sign out.