By Jeff Cooper

Hit and Run Nightly Stock Report: August 16, 2023

Editor's Note: How is your Hit and Run Trading experience going? Click here to let us know.

New Day Trades

Keep ROKU on the long radar on Thursday. Keep TSLA on the short radar per tweet.

PYPL Short
Pattern: TNT (Pause Day)
Entry Trigger: 59.15 or a down ORB
Stop: 1 point

FNV Long
Pattern: Plus One/Minus Two buy setup on rising trend line support
Entry Trigger: 139.20 or an up ORB or a pullback to 137.50
Stop: 1.50

IPGP Short
Pattern: Runaway 180
Entry Trigger: 99.35 or a down ORB
Stop: 1.50

DASH Long
Pattern: Weekly 1 2 3 Pullback
Entry Trigger: 80.40 or an up ORB
Stop: 1.25

New Swing Trades

N/A

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

Longs

UPST Long: Entry: 33.60, Stop: 31.00, P&L: -1.22

LNG Pilot Long: Entry: 161.15, Stop: 159.50, P&L: -0.96

[CLOSED] ORCL Long: Entry: 116.00,  [Sold 1/3 for a 0.78 gain, and 1/3 for a 1.49 gain, and final 1/3 for a 0.25 gain]

AG Long Position 3: Entry: 6.39, Stop: N/A, P&L: -0.60

[CLOSED] ZTS Pilot Long: Entry: 190.74,  [Sold for a 2.74 loss]

GDXU Pilot Long: Entry: 32.75, Stop: N/A, P&L: -4.95

WPM Pilot Long: Entry: 44.02, Stop: N/A, P&L: -2.52

AU Pilot Long: Entry: 19.29, Stop: N/A, P&L: -2.26

[CLOSED] MUX Pilot Long Position 2: Entry: 7.77,  [Sold for a 0.97 loss]

SPY Sept 15 $450 puts Pilot Long: Entry: 7.13, Stop: N/A, P&L: +5.13 [Sold 1/3 for a 2.41 gain, and 1/3 for a 2.08 gain]

VIX Sept 20 $20 Calls Pilot Long: Entry: 1.75, Stop: 0.88, P&L: -0.25

FNV Long: Entry: 143.18, Stop: N/A, P&L: -4.85

QQQ Aug 18 $360 Puts Long: Entry: 1.66, Stop: N/A, P&L: -0.25

SPY Aug 18 $440 puts Long: Entry: 1.36, Stop: N/A, P&L: +0.74 [Sold 1/3 for a 0.76 gain]

AG January 19 $8 Calls Long: Entry: 0.64, Stop: N/A, P&L: -0.40

SOXS Pilot Long: Entry: 9.02, Stop: N/A, P&L: +2.03 [Sold half for a 1.13 gain]

AGI Pilot Long: Entry: 12.15, Stop: N/A, P&L: -0.85

TZA Long: Entry: 28.90, Stop: N/A, P&L: -1.90

AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -1.51

MUX Long: Entry: 8.88, Stop: N/A, P&L: -2.17

AVXL Pilot Long: Entry: 10.13, Stop: N/A, P&L: -1.51

AG Long: Entry: 8.63, Stop: N/A, P&L: -2.84

GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.26

IPMLF Long: Entry: 4.05, Stop: N/A, P&L: -2.15

GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.48

Shorts

CAT Pilot Short Position 2: Entry: 281.44, Stop: 277.00, P&L: +6.93 [Covered half for a 3.89 gain, and 1/4 for a 6.88 gain]

[CLOSED] CAT Short: Entry: 277.00,  [Covered for a 2.25 loss]

PANW Pilot Short: Entry: 215.18, Stop: 218.00, P&L: +1.21 [Covered half for a 1.18 gain]

NET Pilot Short: Entry: 62.58, Stop: 63.60, P&L: +1.73

[CLOSED] TGT Short: Entry: 127.95,  [Covered 1/3 for a 1.83 gain, and 2/3 for a 7.30 loss]

CVNA Short: Entry: 39.47, Stop: 41.15, P&L: +1.41 [Covered half for a 1.37 gain]

CMA Short: Entry: 49.08, Stop: 49.08, P&L: +1.98 [Covered half for a 1.83 gain]

[CLOSED] MRVL Short: Entry: 57.10,  [Covered half for a 0.40 loss, and half for a 0.90 loss]

[CLOSED] AMAT Pilot Short: Entry: 138.85,  [Covered 1/3 for a 1.18 loss, and 2/3 for a 2.15 loss]

ACLS Pilot Short: Entry: 168.40, Stop: 171.10, P&L: +2.88 [Covered 1/3 for a 3.00 gain, and 1/3 for a 2.40 gain]

TLT Pilot Short: Entry: 96.88, Stop: 95.50, P&L: +3.04 [Covered 1/3 for a 1.27 gain, and 1/3 for a 2.60 gain]

Uptrending Hit List

ANET

ZS

W

MOD

ROKU

PANW

AXNX

TEX

FDX

CAT

ZTS

AMZN

SDGR

WFRD

HES

MPC

LNG

BLD

IBP

LNW

Downtrending Hit List

MRNA

ETSY

MRVL

TGLS

AYX

CRWD

TTD

AMAT

RNG

INSP

WOLF

LSCC

BIDU

SNOW

HELE

IPGP