By Jeff Cooper

Hit and Run Nightly Stock Report: August 24, 2022

New Day Trades

Continue to keep CHWY on the long radar and ROKU on the short radar on Thursday

ACLS Long
Pattern:
Bull Pennant
Entry Trigger: 73.80 or an up ORB or a pullback to 70.60
Stop: 1.50

TWLO Short
Pattern:
Bear Flag
Entry Trigger: 72.70 or a down ORB
Stop: 1.25

NEWR Short
Pattern:
Minus One/Plus Two sell setup
Entry Trigger:  72.60 or a down ORB
Stop: 1.25

New Swing Trades

NVCR Long
Pattern:
Holy Grail/Cup & Handle
Entry Trigger: 84.70
Stop: 2 points

Note: Entry prices may be averages of two separate entries for when a pilot position is made into a full position.

Longs

BILL Pilot Long: Entry: 170.37, Stop: 170.20, P&L: +1.76 [Sold half for a 2.03 gain]

CPE Pilot Long: Entry: 42.90, Stop: 42.80, P&L: +1.01 [Sold half for a 1.00 gain]

QQQ Sept 16 $305 puts Pilot Long: Entry: 5.45, Stop: N/A, P&L: -0.90

[CLOSED] ENVX Long: Entry: 18.51,  [Sold 1/3 for a 2.69 gain, and 1/3 for a 2.99 gain, and 1/3 for a 4.79 gain]

TZA Long: Entry: 28.53, Stop: 29.85, P&L: +2.13 [Sold 1/3 for a 0.93 gain, and 1/3 for a 2.58 gain]

AG Long: Entry: 7.80, Stop: 6.90, P&L: +0.19

QQQ Oct 21 $300 puts Pilot Long: Entry: 8.50, Stop: N/A, P&L: -0.44

MEGEF Long: Entry: 12.33, Stop: 12.33, P&L: +1.85 [Sold half for a 1.17 gain]

SQQQ Long: Entry: 40.15, Stop: 37.80, P&L: -0.81 [Sold half for a 0.56 loss]

GLD Dec 16 $185 calls Pilot Long: Entry: 1.93, Stop: N/A, P&L: -0.97

CCJ Long: Entry: 26.99, Stop: N/A, P&L: +0.03

AEM Long: Entry: 53.73, Stop: N/A, P&L: -8.02 [Sold 1/3 for a 8.55 loss]

SSRM Long: Entry: 20.39, Stop: N/A, P&L: -5.81

SLV Sept 16 $20 Calls Pilot Long: Entry: 1.57, Stop: N/A, P&L: -1.53

AGQ Pilot Long: Entry: 32.29, Stop: N/A, P&L: -11.14

SILJ Long: Entry: 15.09, Stop: N/A, P&L: -5.38

GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.16

IPMLF Long: Entry: 4.05, Stop: N/A, P&L: -1.96

CLRMF Long: Entry: 0.28, Stop: N/A, P&L: -0.14

DNCVF Pilot Long: Entry: 0.50, Stop: N/A, P&L: -0.28

LRTNF Pilot Long: Entry: 1.88, Stop: N/A, P&L: -1.79

GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.38

FFMGF Pilot Long: Entry: 0.37, Stop: N/A, P&L: -0.19

Shorts

QCOM Pilot Short: Entry: 140.65, Stop: 143.00, P&L: -0.66 [Covered half for a 1.33 gain]

Uptrending Hit List

LNG

ON

ACLS

CLFD

FSLR

ENPH

FIX

GFS

ENVX

FIX

PTX

BILL

FIVE

CYBR

FB

SWAB

Downtrending Hit List

BABA

DDOG

PDD

JD

BAX

COIN

SWK

MHK

TWLO

FVRR