 Good afternoon everyone and welcome welcome to the stocks with show play of the day. This is Arden This was the only thing that I really liked today The actually the only thing that I read it the only thing that looked even good enough to trade or do anything with today wasn't a lot to look at today as far as gap wise and either direction up or down and I typically like to focus on one thing a day or maybe two things a day but there was only one thing to really watch today plus the market and And and here it was the Arden and it played out as a nice short and I'm still in this Basically waiting for it to continue down so we'll see where it goes This has a lot of potential to still break this afternoon time of the day is early here and it's holding extremely weak So let's go all the way back So the stock closed the night before up here at 1956 open up the next morning down in here at 1490 Okay rated the gap in the morning before anything even happened watched it to train and Took the entry open dropped. You could have got out of some of this into here I was watching for a target of 1430 $14 1380 ish. I don't think this is getting down to 13 something today I think this could continue to go down probably to that 1430 number actually now that I'm now that the time the day is one o'clock if this breaks down again This this is probably gonna go to 1430 we're possibly 14 So there were also places to do ads in this you could have taken more in the five minute over here over here Even on the 15th. This is actually reset up as a brand new play in the 15 minute This is actually already triggered and set up in here in the 15 minute. Let's take a look at the 30 minute. I Think still looks good with this 30 minute hasn't triggered yet, but it's going to 30 minute looks great Daily looks great 60 looks great The only thing this needs to do is just to continue to sell off So it's one of two things that's going to play out in here if line lines the rest of it doesn't go anywhere In which case I'm positive in the trade from where I took it and I'll just get out of it with the money That I'm up or it continues continues and goes to a bigger target No chance this goes over the high of the day and this is behaved very well today Sometimes the stock can be a little whippy It was good today it behaved itself today next time for the watch or the breakdown in this to possibly continue is 115 or probably 2 o'clock 2 15 reversal time So you just got to sit it out in here and if you do this from the morning You're still holding some of it of the whole thing then you're up So again if you're up money in the trade and the trade isn't doing anything wrong Then there's no reason to necessarily kill it particularly if you're up now You could have got out of some of this in the morning again just to book some money in the morning But if you're still holding this there's absolutely nothing wrong with this whatsoever Nice gap in order. This was the stocks will show play of the day today and we'll see where it goes we'll see how it actually ends up today and This is on its way down whether or not it continues down today or foster tomorrow We'll have to see but I still like this to continue to break down here today. Obviously, I wouldn't still be in it This is Melissa with the stocks wish calm if you'd like more information to sign up for the upcoming gap class It's this weekend. It's August 23rd and 24th. This will be the last class. I'm doing before fourth quarter earnings season begins So earning season is a good time to trade gaps We're into the end of it now of the third quarter of 2014 so the fourth quarter starts in September like mid-September ish for Earnings for fourth quarter and I'm not doing another class before that starts So if you are interested in learning how to trade gaps and want to actually Make money on my calls and join the live trading room Which is only open and available to join for membership for golden gap class students Then feel free to email me you can register and sign up for the class this weekend up until Friday at 5 o'clock eastern time Nice gap here today in Arden doing a good job here picking the right things to do this week And we'll just continue to stay on track here Stay on pace here close out the month in August strong and we'll see what we get the rest of the week Some goodies tonight and tomorrow morning as well Email me at Melissa at the stop switch comm if you'd like more information And I'll talk to everybody soon