By Jeff Cooper
Hit and Run Nightly Stock Report: July 12, 2023
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New Day Trades
MOD Long
Pattern: Expansion Breakout/Cup and handle
Entry Trigger: 36.20 or an up ORB
Stop: 1.25
MPC Short
Pattern: Gilligan
Entry Trigger: 119.25 or a down ORB
Stop: 1.25
GTLB Long
Pattern: In the spirit of a Peekaboo New High
Entry Trigger: 53.85 or an up ORB
Stop: 1.25
New Swing Trades
IBP Long
Pattern: Expansion Breakout
Entry Trigger: 147 or an up ORB or a pullback to 142
Stop: 2 points
ABNB Short
Pattern: Gilligan
Entry Trigger: 135.35 or a down ORB or a Snapback to 138
Stop: 2 points
Longs
Shorts
GNRC Pilot Short: Entry: 149.73, Stop: N/A, P&L: +0.83
AMAT Pilot Short: Entry: 139.31, Stop: 140.25, P&L: +0.42 [Covered half for a 1.06 gain]
UPST Short: Entry: 43.36, Stop: 45.15, P&L: -0.72 [Covered 1/3 for a 0.21 gain]
ACLS Short: Entry: 175.09, Stop: 180.15, P&L: -0.26
[CLOSED] AMBA Pilot Short: Entry: 79.59, [Covered for a 2.50 loss]
TXN Pilot Short: Entry: 177.61, Stop: N/A, P&L: -4.76
[CLOSED] UFPT Short: Entry: 184.91, [Covered half for a 3.66 gain, and 1/4 for a 6.11 gain, and 1/4 for a 4.66 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