By Jeff Cooper
Hit and Run Nightly Stock Report: March 15, 2023
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New Day Trades
Continue to keep AMD on the long radar on Thursday. Keep LSCC on the short radar for a daytrade scalp: hourly Megaphone Top; went out with an Hourly Holy Grail 1 2 3 Snapback.
SMCI Long
Pattern: 180
Entry Trigger: 92 or an up ORB
Stop: 1.50
Note: Double bottom at 50 dma
FN Short
Pattern: Expansion Breakdown/180
Entry Trigger: 112.70 or a down ORB
Stop: 1.50
OKTA Long
Pattern: Bull Flag (RS, intraday Relative Strength)
Entry Trigger: 83.60 or a down ORB
Stop: 1.25
TSM Short
Pattern: Rule of 4 Sell/Breakaway Gap
Entry Trigger: Only on a down ORB
Stop: 1 pt
New Swing Trades
N/A
Longs
Shorts
Uptrending Hit List
DUOL
FOUR
SYK
ACLS
SMCI
META
SYK
OLED
BIDU
SGEN
MPC
PANW
FIX
LSCC
INTA
AEHR
FSLR
OLED
Downtrending Hit List
STE
WOLF
ETSY
DASH
MRNA
ADSK
ADBE
BABA
SNOW
NFLX
ZS
BILL
CAT