 Good afternoon everyone. This is Melissa with thestockswitch.com and welcome. Welcome to Lulu, the Stockswish Show play of the day Looks like Lulu's continuing this afternoon Surprise surprise. I guess nothing surprises me anymore I really thought this was gonna get to 48 today or in the 48s dream targets 47 Lulu might actually still get there. It's getting into 2 o'clock Lulu set up here 12 o'clock major reversal time and The low of the day and this is 49. It's 80 cents away Lulu's Lulu might do it if Lulu doesn't get to 47 today tomorrow Lulu has a follow-through continuation watch for sure I I'm long out of this though had a beautiful morning moving it and again This is why you take profits. It's a day trader. You're trading for income So you you take your position off and it had a wonderful move this morning I really thought though this rallied a lot when it ran over 50 20 Which I saw happen here after 11 o'clock. I was thinking that this was done But it's set up again here at noon and the time of the day was good. Let's look in here 30 minute looks great. I yeah, yeah, yeah, yeah, I mean this you could have done this here actually 35 over 66 That's that's a pretty good entry on Lulu 30 minute is the best chart here. Let me just look here again at these Where's that guy? Was the best looking chart here right now? Looks better than the 15 minutes far as cleanliness because this looks shopping. Let's look at the Lulu So Lulu I have liked for a long time. Let's just look at the bigger picture here on Lulu I play this I had a nice nice trades on Lulu last year This isn't a summer of last year again people say you don't trade in the summer. That's poppycock The summer has great trading What how when what do you do you rate the gaps you look for gaps those days when you don't do things But there's days in normal time. You don't do anything. Lulu had some amazing days in here in the month of June Hit this a bunch of times in here and followed through nicely had a big number broke 60 At the time then Lulu tried to rally and did and then they had a failed bearish gap down here And then it rallied and rallied up over here and made a new high for this For this moment, but really all it was and you can see this now I give the bigger picture understanding it pretty pretty clearly that it was here here was zero It was a retest it was retest of this prior resistance in the chart It held and it held pretty good and then Lulu got down again in December ran ran hard and look at it today Lulu has an amazing amazing bearish quality to it now and Lulu will break 49 I think it may do it today here still now because it's set up at 12 o'clock and is underway here now getting into two And if it doesn't it will tomorrow I wouldn't put it past Lulu to gap down again tomorrow if it doesn't break 49 today, although I think it's going to So here was the entry and there's a Over here over here over here. It actually had several Total and utter weakness once again in another beautiful golden gap today and really rated the highest Lulie rated the best of any of the gaps today This first entry was right here boom ran up here We tested it hit it again hit it again here boom could have put it again here could have a bit of the gun here That's it no more no more You can't you got to be in everything you want by this point by 945 And then you let it roll over and where we get out here I mean this was just very hard to hold it all the way down here But it did go to 49 and it gave you the Time to exit because it did the double bottom here and out and once this breaks a double bottom Which is going to do again. It could even do an intro day today or could do it tomorrow It's gonna rock and roll I can roll to the bigger number here of 47 So this is the stocks which shall play the day beautiful fantastic bearish move in an amazing stop And Lulu can have huge moves and I said that this morning about Lulu and Soda these stocks move move They move and Lulu was moving so fast this morning So fast that actually you could barely even see Like to watch the candlesticks and level two at the same time You almost had to just pick one and be on it a Lulu was really really just was moving so quickly And this really doesn't have a spread right now. I did this morning, but Terrific look at this puppy Almost a three dollar move on Lulu and it's heading lower 65 cents from the low of the day I do think it gets there here into the clothes or into actually three o'clock three o'clock three o'clock From wherever it goes all the way down into three another hour on this guy here. It's doing it Amazing again. I don't like to trade the afternoon really I'd like to just be free to go work out do my thing You know relax But you can sometimes trade these gaps into the afternoon. They have a really nice news This is Melissa with the stocks which calm Lulu beautiful beautiful beautiful guy beautiful bearish gap in Lulu The stocks was show play of the day did this thing Amazing beautiful great way to start the week Monday morning I usually don't go into Monday mornings thinking I'm gonna have a million things to do and yet today I did and really nice beautiful strong start to the week and last week was a great week to start the month It's just 2014 it has Just stars all over the rainbow rainbows and stars all in the sky for 2014 So this is Melissa with the stocks wish calm if you'd like more information on the upcoming gap course It is this weekend January 18th and 19th from 9 a.m. To 5 p.m. Eastern time The class is online if you'd like to sign up email me at Melissa at the stocks which calm Thanks everybody and have a fantastic day