By Jeff Cooper
Hit and Run Nightly Stock Report: August 28, 2023
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New Day Trades
MRVL Short
Pattern: Phil D Gap/TD setup/Minus One, Plus Two sell setup on trade above Monday’s high
Entry Trigger: Only on a down ORB
Stop: 1.25
GNRC Long
Pattern: Inverse H&S/Grail Fail
Entry Trigger: 120.50 or an up ORB
Stop: 1.50
OLED Long
Pattern: Bull Flag/possible Angular Rule of 4 Buy on deck
Entry Trigger: 153 or an up ORB
Stop: 125
New Swing Trades
BIDU Short
Pattern: Holy Grail
Entry Trigger: 135.25 or a down ORB
Stop: 2.25
Longs
META Pilot Long Position 2: Entry: 290.04, Stop: N/A, P&L: +0.22
NVDL Pilot Long: Entry: 94.74, Stop: 94.50, P&L: +1.15 [Sold 1/3 for a 1.20 gain]
SLV Jan 17 2025 $30 Calls Pilot Long: Entry: 1.46, Stop: 0.73, P&L: -0.01
[CLOSED] META Long: Entry: 288.00, [Sold 1/3 for a 0.12 gain, and 1/3 for a 2.28 gain, and 1/3 for a 2.00 loss]
VLO Pilot Long: Entry: 133.08, Stop: N/A, P&L: -1.48
TLT Pilot Long Position 2: Entry: 94.60, Stop: 94.45, P&L: +0.72 [Sold 1/3 for a 1.04 gain]
TLT Oct 20 $97 Calls Pilot Long: Entry: 1.79, Stop: 0.90, P&L: -0.06
SPY Sept 15 $440 Puts Pilot Long: Entry: 7.27, Stop: 3.64, P&L: -3.42
QQQ Sept 15 $360 Puts Pilot Long: Entry: 3.61, Stop: 1.81, P&L: -0.54 [Sold 1/3 for a 1.52 gain]
TZA Pilot Long Position 2: Entry: 26.99, Stop: N/A, P&L: +0.22 [Sold 1/3 for a 0.96 gain]
TLT Sept 15 $94 Calls Long: Entry: 1.25, Stop: 0.63, P&L: +0.93 [Sold 1/3 for a 1.16 gain]
ENVX Long: Entry: 14.05, Stop: 12.55, P&L: -0.05
WFRD Pilot Long: Entry: 85.44, Stop: 85.44, P&L: +0.78 [Sold half for a 1.80 gain]
TLT Pilot Long: Entry: 93.63, Stop: N/A, P&L: +1.69 [Sold 1/3 for a 0.86 gain]
AG Long Position 3: Entry: 6.39, Stop: N/A, P&L: -0.23
GDXU Pilot Long: Entry: 32.75, Stop: N/A, P&L: -1.50
WPM Pilot Long: Entry: 44.02, Stop: N/A, P&L: -1.01
AU Pilot Long: Entry: 19.29, Stop: N/A, P&L: -1.96
FNV Long: Entry: 143.18, Stop: 139.50, P&L: -1.92 [Sold 1/3 for a 1.93 loss]
AG January 19 $8 Calls Long: Entry: 0.64, Stop: N/A, P&L: -0.38
AGI Pilot Long: Entry: 12.15, Stop: N/A, P&L: +0.47
TZA Long: Entry: 28.90, Stop: N/A, P&L: -1.69
AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -1.14
MUX Long: Entry: 8.88, Stop: N/A, P&L: -0.92
AVXL Pilot Long: Entry: 10.13, Stop: N/A, P&L: -2.20
AG Long: Entry: 8.63, Stop: N/A, P&L: -2.47
GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.28
IPMLF Long: Entry: 4.05, Stop: N/A, P&L: -2.22
GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.50
Shorts
NTES Pilot Short: Entry: 103.88, Stop: N/A, P&L: +0.35
[CLOSED] CVNA Pilot Short Position 2: Entry: 43.53, [Covered for a 1.67 loss]
[CLOSED] CVNA Pilot Short: Entry: 42.90, [Covered half for a 0.40 gain, and half for a 0.15 gain]
DHI Pilot Short: Entry: 115.55, Stop: 117.50, P&L: -0.07
LEN Pilot Short: Entry: 114.26, Stop: 116.00, P&L: +0.21
PANW Short: Entry: 229.23, Stop: 233.15, P&L: -3.19
[CLOSED] CRWD Short: Entry: 147.43, [Covered half for a 2.18 gain, and half for a 0.13 loss]
[CLOSED] DUOL Short: Entry: 135.04, [Covered half for a 1.94 gain, and half for a 0.31 loss]
Uptrending Hit List
CDNS
WFRD
FDX
BG
VLO
ORCL
CELH
MOD
LNW
SPLK
ANET
OTTR
Downtrending Hit List
TGT
DKS
DHI
LEN
COIN
CAVA
FSLR
PDD
BIDU
SE
WOLF
NET
ROKU
EXAS
NTES
LI
