By Jeff Cooper
Hit and Run Nightly Stock Report: August 1, 2023
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New Day Trades
CMA Short
Pattern: Mini Angular Rule Of 4 sell
Entry Trigger: 51.40 or a down ORB
Stop: 1 point
PDS Short
Pattern: Continuation Play
Entry Trigger: 63.40 or a down ORB
Stop: 1 point
AMAT Long
Pattern: Boomer/Peekaboo New High
Entry Trigger: 153.15 or an up ORB
Stop: 1.50
New Swing Trades
ZS Long
Pattern: LROD/Cup & Handle (2nd mouse out of Handle)
Entry Trigger: Only on an up ORB
Stop: 2.25
Longs
Shorts
COIN Short: Entry: 93.00, Stop: 96.00, P&L: -1.16
TSM Short: Entry: 98.20, Stop: 100.20, P&L: -0.20
[CLOSED] VLO Pilot Short: Entry: 128.94, [Covered half for a 1.34 gain, and half for a 0.16 loss]
TXN Short: Entry: 179.22, Stop: 179.50, P&L: +0.85 [Covered half for a 1.45 gain]
SNOW Short: Entry: 176.20, Stop: 181.00, P&L: -0.39
ABNB Pilot Short: Entry: 147.65, Stop: N/A, P&L: -1.26 [Covered 1/3 for a 1.00 loss]
[CLOSED] LSCC Pilot Short: Entry: 90.25, [Covered half for a 2.00 gain, and half for a 0.00 gain]
ORCL Pilot Short Position 2: Entry: 117.83, Stop: 118.15, P&L: -0.08 [Covered half for a 1.40 gain]
ORCL Short: Entry: 115.95, Stop: 118.15, P&L: -1.97 [Covered half for a 0.65 gain]
Uptrending Hit List
CRWD
AEHR
SDGR
WFRD
HES
ALV
ON
SPHR
ACLS
FDX
SYM
TMDX
TTD
BABA
PDD
LI
Downtrending Hit List
TSM
CRUS
WOLF
AYX
INTA
LSCC
RMBS
ENPH
MODV
TGLS