 Good afternoon everyone and welcome. This is Melissa Arma with Stockswashing and reviewing VRX. VRX was my top watch today. What did VRX rate 23 points? And guess what? It went to numbers I didn't even have written down. This morning when I rated the gap, here let's just go back and over it, I mean this is just almost unbelievable, but it's a good sign. So I'm taking it as a good good sign. This is this morning actually in the initial the pre-market high was $69.04 so it reported did whatever this is 6 a.m. Then you have this bar in here around 8. So I was rating the gap around this area here and at that time I said targets were $55, $54.86, $52 I said dream target on this which which really I was like yeah 52. I mean I saw the $52 number and I thought I could get there today because I didn't think the market would go big in either direction today up or down so didn't have the market against us but then I will tell you that that it then fell into the number was getting closer and closer and closer to the dream target into the into the open and I was like whoa and then my plan of action was to wait for it to rally to take the setup it never rally. I mean this is the what's the takeaway from today and I said this to the room. The takeaway from today here this high today was $53.90 held $54 and the lowest $37.24 this is nutty. A couple minutes before I closed up the room I said $38 on this it even broke $38. And it was make a long story short this was a Jai Mangas play okay so this stock had a massive sell-off today. What is the takeaway from today's sell-off in VRX? Everything is starting to finally make sense now this year in the market which means what? In the last two and a half months a lot of things that were beautiful shorts did not have big targets or huge follow-through. The market also is strong but hasn't really gotten going yet and there were some bullish things that actually ended up gapping up and worked as long but they really were had no follow-through okay or they had the follow-through the second day after the gap not the first day couldn't hold the strength in the gap I'm saying. So what I'm saying today is a good sign of VRX is that things are starting to look normal again in the market. This sold-off hard today it was the best gap it never looked back. One of the reasons I loved to short is because shorting action and selling action comes into a stock massively and huge and big and you could be aggressive on it. This was a big stop though today I will tell you that who would have thought that a dollar stop plus the cushion in this in the very first move the very first move would have been four Rs even with a dollar stop down here to broke with 49 but I will tell you that this was more than a 10-hour trade to be held down to 43 would you have done that probably not. At one point in here when it backed up I said I said wait a minute this is almost like a kamikaze even holds resistance it did and then I I was like wait a minute let me look at the target and then within this two minutes here I screamed 45 dollars and it literally went there it was like I mean everyone that was in the room probably was like where's she getting that number and then it went right there it literally went right there in ten minutes in fact one two three in eight minutes and went there and then and then at some point right before I close up the room I was like 38 which I think this is it now it's done for the day could you reshort this again today maybe where does it have to go it has to rally back now and I mean the rally back has to be significant but it still has to hold I had originally said 46 45 now it's got to hold like 43 if that's still five dollars from here almost this is toasty points it absolutely is a great sell-off today a massive move the stock and it's a sign it's a sign we're gonna get big moves and stuff even here in the rest of March and then starting into the earnings season in April it's a sign that things are starting to make sense again in the market what it's gonna happen what does this mean it means that people are gonna dump stuff they don't want to be anymore and they're gonna say forget this thing I'm out of the VRX I'm gonna take my money and invest in and something better and that's what's happening here we're gonna see the fall through it to the upside tomorrow in the market which is again gonna give you the confirmation that we're gonna see more of this action people are gonna say I don't want to be in this stock anymore I want to be in this stock so they sell the stock and they put their money in something else which moves higher you understand what I'm saying so the takeaway from today is that things are finding starting to make sense again this was that my number one top watch today it just absolutely never in my life thought that it would get to any number even remotely near this number until it started to move and then I then I can just I can just read the way money moves so well and then that's how I saw the 45 dollars and then the 38 but I didn't even look at this look at the chart really even find the numbers at that point but in the morning originally I'd seen the 52 but then it almost hit it into the open great move huge shell of the VRX beautiful beautiful short one of the most favorite things I'd like to do is short I like to day trade short I do go long sometimes when I day trade and the only reason I do is because I can't find a good short I like to be an overnight longs and shorts as day trades selling action happens fast when it comes in it can be no let up you think something can't go this big yes it can and we're going to see more like this coming into the rest of this month in April it was a good sign it was a great sign today wherever you get out of it if you did it if you didn't do it it doesn't even matter it was a great gap today was the top watch and it worked and it's a sign of good things to come for all of us in the socks which show live trading room which is the takeaway from today and we'll get the confirmation of the follow through with everything tomorrow in the market with the market to the upside and we'll see nice sell-offs and stuff like this continuing to into the rest of the month have a good day everyone email me at Melissa the sockswish.com if you would like more information and want to sign up for the next golden gap class it's March 20th and 21st doing a Sunday and Monday class this may even break another new low this is this is nutty look you how many not love this you you have to love this it's you can't not love this 37.50 is a low it's going to break another new low here here let's just i'm just going to look at this and just 35 there 35 it breaks a new low but it's crazy to short this here anyways have a great day everyone email me in the list of the stockswish.com if you want more information on how to learn to find the best best gap like VRX to do and how to take the entry and figure out the targets in the golden gap class email me at Melissa the stockswish.com thanks everyone