 Good afternoon everyone and welcome to the Stock Squish show live. This is a play review here of TGT. This is Target I did this gap this morning. It took a took a stop in it I decided to redo it here in the afternoon so far. It's playing out I don't have the same targets here though for this afternoon as I did this morning And I did take a stop in this today, but I liked this gap this morning and after I closed out the training room I thought gosh, you know I went back and reviewed what I was seeing in this overall chart here that made me have the conviction to like this today this morning Even though it didn't play out and I still saw it and I still saw it was valid So I decided to do an afternoon trade here, which I am currently in and I just have different targets for this now We'll see if this gets down here and breaks the low of the day 5825 is the first number here for me now Actually, 5845 5825 58 and then the other targets I had originally on the on the day Dream target for this. We got two and a half hours left in the day would be like 57 60 ish that's a buck from here. If we're a minute that would be amazing And I did do a really tight stop in this just because of the fact that it didn't work in the morning So actually let's go through the morning play first, which which didn't work going going going Okay, actually was up on this first play This didn't didn't get out with anything Stock rally took it drop drop bounce off a 58. It was up. I was up in this almost 50 cents Didn't didn't take any off told some people that could take some off solid Didn't want to take any off thought it could fall thought it could have a move liked it like the gap and didn't want to get out for that I I'm probably the only person ever does things like this where I would be up, you know It's kind of money and then knock it out of anything But you know, I'm looking for momentum I'm really not a scalper and there's got to be reasons for me to go into stuff and out of stuff And I'm looking for targets and I didn't have 58 as a target today But it ended up being where it opened and where it bounced. I mean, this is where it's at now staying. I'm playing it through This is working down here though Yay All right, so rally back Loved it looked good Drop down couldn't break a new law rallying all the way up. Boom got stopped up and It is what it is. So that was the situation Here's where it didn't look good at this point then for the morning It was 1015 went over the high now I Just you know, I like the gap that gap ready good for my system And I looked at the daily chart and I like the gap and I saw the congestion this morning The way it was working through it But after I watched this rally all the way up here and went back and was analyzing it After I closed out the room. I see what it did I see exactly where this rally stock rallied all the way up here held this level of resistance Do you see this here? I don't think this is getting over this today So this has two choices here now flatline the rest of their fall This is way beyond any maximum level of resistance I set for the stock and I'm really good at finding levels of resistance that the stock should hold in The gaps in the morning and then to have the follow-through. I didn't have this number written down anywhere today though It's an ugly number quite frankly to short the stock into a crappy ugly number because the setup that would happen in this to Take the first set up and this is so so late for it to rally in here And I like to do morning plays and usually gaps to work immediately in the morning into the open But I'm doing an afternoon play here now because I still like the gap in every once in a while You can do an afternoon play. It's not ideal, but you know, I just didn't want to give up on this thing I liked it. I did not want to give up on it So I'm back in this and we'll just see where it goes. I mean, I'm up here now and I'm just gonna play it on through This you could have taken I did not do it. It would have been aggressive to do it here after the rally and The I just wasn't doing it But then as I was analyzing this whole configuration and the daily chart pretty much is where I get lots of my information for the daily chart I was thinking gosh, this is still good. So I ended up deciding to do this here Right in here on this break into the 15 minute and I put a very very very very tight stop Back again here and this time I put it over 59. Oh five. I Didn't even want to give it any room at all And I and I took it and then merely broke and dropped in here and I thought okay good and then the 60 minute triggered here Under 75 so this is fine. This is getting some thought for here. Jeez Wow, I'll be thrilled if this goes down to 58 today near the low of the day from where I took this Well, let's just play it out here. I'm really gonna have to watch it in here though So if I get any bounce in here, I'm gonna have to get out of half Otherwise, I'm gonna play it on through this to basically into the close of the business today because it's 130 Or three o'clock major reversal time three o'clock major reversal time are you know into 330 into the close pretty much Which I I so rarely take anything this late in the afternoon, but I like the gap I like the gap and I thought to myself. This is bizarre a world of this isn't working But the stock had a big lift over the high there after it opened and dropped and fell and pushed it back But I know who's in control of this chart It's the Bears and I know he's in control of this whole thing and for the morning It seemed that you know the stock was almost getting bought off of 58 But I thought that doesn't make any sense because I know who's controlling this stock So The gap just didn't work out in the morning claim through here now into the afternoon We'll see where it goes. It's this does not happen that often the gaps usually work very quickly in the morning And you're in and you're up and you're done But for this thing today, it's didn't work right this morning with the fall through although it did have a to our trade in it I just didn't get out of it with profit before it flipped flipped on over and down back in this thing So we'll see where it goes. Maybe I'll even be able to get a buck out of this boy That would be really I'd be very happy with that here in an app for an afternoon play to get a dollar out of something The afternoon is Beautiful is amazing. So we'll have to say I'm gonna be on this like crazily here this afternoon But this was a nice scat so I had the conviction a step with it conviction is everything It makes a difference whether you like something with you don't like something we stay with it We don't stay with it, you know It really really makes a big difference and you got to give yourself a couple trades every day I typically tried to do only one stock and one trade per day, but every once in a while you have to take You know more than one trade in a stock So I'm back in this target. We'll see where it goes I'm really gonna be watching it like a hawk here in this afternoon period and you have to watch stuff very carefully in the afternoon Anyways, this is Melissa with the stocks wish comm. This is target stocks wish show play of the day today one of three And if you're interested in learning how to trade gaps and rate gaps and find the targets and find the setups and Take the trades the gap passes this week on August 9th and 10th email me at Melissa at the stocks wish calm Hope everybody has a fantastic day and we'll see what we get tomorrow Some goodies out tonight. I'm gonna be watching obviously now. I'm here sitting here. It's a beautiful day, and I'm sitting at my desk Beautiful day, and I'm sitting at my desk, but this is life. I'm making money So gotta do what you've got to do some days. All right everybody. Have a great day