By Jeff Cooper
Hit and Run Nightly Stock Report: July 11, 2023
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New Day Trades
WYNN Long
Pattern: TNT
Entry Trigger: 109.20 or an up ORB
Stop: 1.25
HES Long
Pattern: Rule Of 4 Breakout
Entry Trigger: 139.65
Stop: 1.50
ABNB Long
Pattern: Expansion Breakout
Entry Trigger: 138.30 or an up ORB
Stop: 1.50
Note: The way to play this in this kind of tape is to look for follow thru and Hit and Run in the morning and see what it does from there
PDS Long
Pattern: 180 Bull Flag
Entry Trigger: 51.55 or an up ORB
Stop: 1.25
Note: We played PDS last week but it’s coming out now
XPEL Short
Pattern: Gilligan/Trail Tracks
Entry Trigger: 84.30 or a down ORB
Stop: 1.25
ORCL Long
Pattern: Phil D Gap/Soup Nazi
Entry Trigger: 115.20 or an up ORB
Stop: 1.25
New Swing Trades
LNG Long
Pattern: Expansion Breakout
Entry Trigger: 158.65 or an up ORB
Stop: 2.50
Note: Notice that this move started with a turndown in the 3 Day Chart on July 7th
Longs
Shorts
UPST Pilot Short: Entry: 42.09, Stop: 43.75, P&L: -1.02
ACLS Pilot Short: Entry: 172.93, Stop: N/A, P&L: -1.19
AMBA Pilot Short: Entry: 79.59, Stop: 81.90, P&L: -1.10
[CLOSED] DUOL Short: Entry: 144.06, [Covered for a 2.94 loss]
TXN Pilot Short: Entry: 177.61, Stop: 180.25, P&L: -1.21
[CLOSED] AMAT Short: Entry: 139.55, [Covered 1/3 for a 1.70 gain, and 1/3 for a 4.07 gain, and 1/3 for a 2.00 gain]
UFPT Short: Entry: 184.91, Stop: 183.25, P&L: +6.02 [Covered half for a 3.66 gain]
Uptrending Hit List
TSLA
AMAT
PANW
ALB
UFPT
CELH
IBP
ENVX
TMDX
TEAM
HQY
COIN
SDGR
WFRD
TDW
ENOV
BIDU
BABA
W
Downtrending Hit List
TGAT
UI
DUOL
OKTA
WYNN
SE
ETSY
ZTS
CDNS
WYNN
AMGN