 Good evening everyone, this is Melissa with the stockswish.com and welcome. Just wanted to do a review here of Facebook, been watching this of course ever since the GAP and here we are Facebook help and you know looking back I guess it was too much to expect that Facebook would you know GAP up $8 and then just run like the Dickens and break over the IPO price or break out to new highs basically too in the first run up so it's obviously you know that was too much to expect but we did run up to here okay and the low of this bar here back where it actually traded the first day that it opened the low was 38 and we had over that I mean we ran over that we ran over that into this liftoff here so I was thinking we'd run straight up all the way up to 45 well we're going to take some time to do that but I called a beautiful buy today in Facebook here it is and really actually worked well even against the market even into this afternoon in fact here was the be set up in the afternoon let me get the one I mean if you saw this to do this in the afternoon I show it to you here was a buy in the afternoon of Facebook okay right down here I'll show you where it was 3780 was the first target for the run up that happened in the morning and when it came down then so it you see this here look so the stock runs up here this is the morning move this is a trade I called this morning I said Facebook's a good buy today regardless of the market triggered fell in dropped on down rallied all the way up 3750 was the first target okay and then it went through it and actually 3780 was the next year I had to get over and then here it did into the lunchtime period 1130 so 3780 was the first full drill target before it hit 38 and then when it rallied up okay to 38 and came down obviously things don't keep going forever in one straight line it came in in here in the afternoon reversal time into 131 45 reversal time into 2 o'clock major reversal time to the area that was the initial target okay so this ran up here it made the resistance kept going higher came down here this is now support so this was resistance over here do you see it now this is support so the entry then to go higher the actually the dream target today was 3830 I think it got to it I get that believable 3828 so then the buy is here on the area of resistance so now it's support do you see for long this was a beautiful entry the five cents stop and ran all the way up you know over 50 cents to the target so the first target was the high of this bar here 3830 or roughly there a bounce and it got up to it and this is all going on when the market was dropping down this afternoon so this is a nice play this is there's fall through and this is going to happen tomorrow this is it so when after Facebook ran up and came down here it held basically 36 areas held the number came on in could have even gone in more if it wanted to didn't do it held this big fat green bar here that gapped up and carried on through three days after the gap this is it this is going higher now so this is a buy in Facebook to go higher to go up to 45 this is it and if you're in from the day the gap you're up no matter what so there's nothing to worry about swing trade court trade on this was to get in the day the gap this gap is going to hold this is actually a amazing look at this thing it's just absolutely beautiful so now it's doing the follow-through and the next area will be well the next area realistically is 42 okay so here 42 with the lift off it's gonna happen over this area here at 39 great chart great chart nice long even holding well with the market pulling the last three days Facebook's giving a lift beautiful bullish gap that happened back here on 725 have to understand how to read gaps this is the corrective gap Facebook is now in an uptrend and there is nothing that is going to change that but a gap down which is just not going to happen so I mean sometime in its life it might happen but it's not going to happen anytime soon so great job on Facebook those that bought it on my call this morning in the room and was a nice play was a nice play Friday too so if you'd like any more information on how to read trends or how to read gaps how did I even read this Facebook app how did I know that the gap on Facebook there was amazing to buy you can email me at Melissa at the stocks which dot com thanks everyone is a Facebook update bye bye bye go Facebook see you soon everybody