By Jeff Cooper

Hit and Run Nightly Stock Report: May 16, 2023

New Day Trades

Continue to keep ETSY on the short radar and AI on the long radar on Wednesday

BX Short
Pattern: 180/ Head & Shoulders
Entry Trigger: 80.15 or a down ORB
Stop: 1.50

HES Short
Pattern: 180/ inverted Cup & Handle
Entry Trigger: 129.80 or a down ORB
Stop: 1.50

WFRD Short
Pattern: Rule of 4 Sell
Entry Trigger: 56.40 or a down ORB
Stop: 1.25

RBLX Long
Pattern: Plus One/Minus Two buy setup +1, inverse Head & Shoulders
Entry Trigger: 39.80 or an up ORB
Stop: 1 point

New Swing Trades

OLED Long
Pattern: Expansion Pivot
Entry Trigger: 150.15 or an up ORB
Stop: 2 points

PANW Long
Pattern: 1 2 3 Pullback/180/Holy Grail
Entry Trigger: 193 or an up ORB
Stop: 2.50

Note: Entry prices may be averages of two separate entries for when a pilot position is made into a full position.

Longs

OKTA Long: Entry: 77.70, Stop: 76.00, P&L: +0.41

AMD Long: Entry: 97.60, Stop: 101.30, P&L: +3.88 [Sold half for a 2.86 gain, and 1/4 for a 4.16 gain]

[CLOSED] GNRC Long: Entry: 114.76,  [Sold for a 3.26 loss]

MU Pilot Long: Entry: 64.63, Stop: N/A, P&L: -0.90

TWLO Pilot Long: Entry: 46.00, Stop: 44.85, P&L: +1.36

AU Pilot Long: Entry: 24.93, Stop: 23.25, P&L: +0.06

PDD Long: Entry: 64.80, Stop: 64.00, P&L: +1.22 [Sold 1/3 for a 0.54 gain]

[CLOSED] LEGN Long: Entry: 70.35,  [Sold 1/3 for a 1.04 gain, and 1/3 for a 2.61 gain, and 1/3 for a 0.35 loss]

SLV May 19 $25 calls Pilot Long: Entry: 0.25, Stop: N/A, P&L: -0.24

GLD May 19 $187 calls Pilot Long: Entry: 4.80, Stop: N/A, P&L: -4.39

SPY May 19 $400 puts Pilot Long: Entry: 1.80, Stop: N/A, P&L: -1.49

[CLOSED] WPM Long: Entry: 49.48,  [Sold 1/3 for a 1.48 gain, and 2/3 for a 0.00 gain]

IWM May 19 $165 puts Pilot Long: Entry: 1.07, Stop: N/A, P&L: -0.95

AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -1.04

UGL Pilot Long: Entry: 64.65, Stop: 62.60, P&L: -1.24

MUX Long Position 2: Entry: 9.13, Stop: N/A, P&L: -1.40

ENVX Pilot Long: Entry: 12.44, Stop: N/A, P&L: -0.06

AGI Pilot Long: Entry: 10.65, Stop: 11.65, P&L: +2.42 [Sold half for a 2.35 gain]

CGXEF Long: Entry: 1.25, Stop: 0.75, P&L: -0.32

MUX Pilot Long: Entry: 6.59, Stop: 5.80, P&L: +1.14 [Sold 1/3 for a 1.02 gain, and 1/3 for a 1.54 gain]

AVXL Pilot Long: Entry: 10.13, Stop: N/A, P&L: -1.12

AG Long: Entry: 8.63, Stop: N/A, P&L: -2.37

GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.10

IPMLF Long: Entry: 4.05, Stop: N/A, P&L: -2.80

GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.32

Shorts

CROX Short: Entry: 113.72, Stop: N/A, P&L: +0.27

CMA Pilot Short Position 2: Entry: 34.22, Stop: N/A, P&L: +0.31

[CLOSED] CMA Pilot Short: Entry: 34.07,  [Covered for a 1.08 loss]

[CLOSED] APD Short: Entry: 279.00,  [Covered half for a 3.73 gain, and half for a 3.50 gain]

Uptrending Hit List

AGI

AU

WPM

PANW

FIX

NVDA

BILL

ZS

ZTS

STE

FSLR

PRTA

OTEX

TREX

EXAS

CDRSP

GPOR

GXO

CRM

META

LEN

DUOL

AMD

Downtrending Hit List

ABNB

UPST

FVRR

TXN

SWKS

INCY

SNEX

QCOM

GNRC

LITE

MPC

AYX

CMA

FFIV

OLED

IPGP

WIX