 Hi everyone and welcome to the Stock Swoosh Play of the Day for July 11, 2016 presented by thestockswoosh.com and this is Paul Lang. Today's play I had the play today and it was on CHRW. This daily chart you're looking at is provided by eSignal, the beautiful charts that we use and the CHRW daily chart had an opening today that was gapping down to right there and that opening created a bearish scenario on our 26-point ranking system which allowed me to come in and look to short this on an intraday pattern. On the intraday pattern I saw, I'm going to go to a 1-minute chart now of CHRW, you can see this gap down in here and this CHRW 1-minute chart gave me exactly the pattern I needed to see in order to short and to capture that move down shorting up by that star up in there. It had a relatively tight stop for this type of a stock, it was a 37-cent stop which means that a 3,000 share amount ended up with a profit of 25.65 was taken on two exits down here as the stock dropped, one of them just off the low of the day at the time and I'm going a little bit lower later in the day as well. So overall nice play on CHRW, 1-minute chart. The little lesson today that I want to talk about is that you should know ahead of time exactly what it is that you're looking for in terms of the overall setup and in terms of your entry. Once I see this particular type of gap I know exactly the entry that I need to see in order to take this gap. You can't be chasing your entries, you can't be chasing plays, you have to let them come to you and you have to know ahead of time exactly what it is that you demand the stock do in order for you to take a position in it. For those of you interested in learning plays like this, this strategy is from the Golden Gap course. This is a golden gap and we teach this strategy in our course. The next class coming up is going to be Saturday and Sunday July 16th and 17th. This is a full two-day course where you can learn over the entire weekend. It's a unique course because it focuses on one and only one strategy to trade the market. It focuses on the first 30 minutes of the day. It uses a very specific 26-point checklist and allows you to ignore the market most of the time and also gives you time away because you are done trading early in the morning. You can call 929-3200 GAP or email Melissa at thestockswitch.com if you're interested in this course coming up this weekend.