By Jeff Cooper
Hit and Run Nightly Stock Report: August 6, 2023
Need help? Check out the Hit and Run Success Guide
Editor's Note: How is your Hit and Run Trading experience going? Click here to let us know.
New Day Trades
FN Long
Pattern: Expansion Pivot
Entry Trigger: 127.35 or an up ORB
Stop: 1.25
ROKU Long
Pattern: 1 2 3 Pullback
Entry Trigger: Only on an up ORB
Stop: 1.25
ETSY Short
Pattern: TNT (Thrust, Noise, Thrust)
Entry Trigger: 81 or a down ORB or a Snapback to 83
Stop: 1.25
New Swing Trades
EXAS Short
Pattern: 180
Entry Trigger: 84.60 or a down ORB
Stop: 2 points
Longs
Shorts
CVNA Pilot Short: Entry: 45.67, Stop: N/A, P&L: +0.23
[CLOSED] NET Pilot Short Position 3: Entry: 74.46, [Covered half for a 1.95 gain, and half for a 3.47 gain]
[CLOSED] CRM Short: Entry: 214.40, [Covered for a 2.25 loss]
[CLOSED] UPST Pilot Short: Entry: 64.72, [Covered half for a 2.12 gain, and half for a 1.91 gain]
[CLOSED] NET Pilot Short Position 2: Entry: 72.52, [Covered half for a 2.32 gain, and half for a 0.12 gain]
[CLOSED] ALTR Short: Entry: 71.75, [Covered half for a 2.02 gain, and half for a 4.68 gain]
[CLOSED] AMAT Pilot Short: Entry: 148.03, [Covered half for a 1.78 gain, and half for a 0.03 gain]
NET Short: Entry: 64.27, Stop: N/A, P&L: -5.26
[CLOSED] DUOL Pilot Short: Entry: 142.75, [Covered half for a 1.46 gain, and half for a 0.00 gain]
U Pilot Short: Entry: 41.42, Stop: 41.40, P&L: +1.25 [Covered half for a 1.02 gain]
TSM Short: Entry: 98.20, Stop: 98.20, P&L: +2.04 [Covered half for a 2.00 gain]
Uptrending Hit List
AEHR
SDGR
HES
MPC
ON
ALV
SPHR
FDX
WFRD
LI
MOD
AMZN
PDD
BLD
IBP
W
OLED
PHM
TEAM
ABNB
ANET
Downtrending Hit List
CRUS
WOLF
AYX
ALTR
MODV
ENPH
PYPL
ETSY
MRNA
QCOM
EXAS
PANW
DUOL