By Jeff Cooper

Hit and Run Nightly Stock Report: May 17, 2023

New Day Trades

Continue to keep AI and NET on the long radar on Thursday.

TREX Long
Pattern: 180/Holy Grail
Entry Trigger: 58 or an up ORB
Stop: 1 pt

MPC Long
Pattern: Train Tracks/Sherlocks Pipe
Entry Trigger: 111.40 or an up ORB
Stop: 1.50
Note: Follow Thru targets 115 strike

BILL Long
Pattern: 180 Bull Flag
Entry Trigger: 97.55 or an up ORB
Stop: 1.25
Note: Looking for 100

CRS Short
Pattern: TNT
Entry Trigger: Only on a down ORB
Stop: 1.25

New Swing Trades

ENPH Long
Pattern: Plus One/Minus Two buy setup
Entry Trigger: 165.85 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

ACLS Pilot Long: Entry: 137.54, Stop: N/A, P&L: +0.15

PANW Long: Entry: 193.00, Stop: 190.50, P&L: -1.48

OLED Long: Entry: 150.15, Stop: 150.15, P&L: +2.18 [Sold 1/3 for a 2.20 gain, and 1/3 for a 2.30 gain]

OKTA Long: Entry: 77.70, Stop: 77.70, P&L: +2.65 [Sold 1/3 for a 1.82 gain, and 1/3 for a 2.16 gain]

[CLOSED] AMD Long: Entry: 97.60,  [Sold half for a 2.86 gain, and 1/4 for a 4.16 gain, and 1/4 for a 3.70 gain]

MU Pilot Long: Entry: 64.63, Stop: N/A, P&L: +0.29

TWLO Pilot Long: Entry: 46.00, Stop: 44.85, P&L: +2.02

AU Pilot Long: Entry: 24.93, Stop: 23.25, P&L: -0.23

[CLOSED] PDD Long: Entry: 64.80,  [Sold 1/3 for a 0.54 gain, and 2/3 for a 0.79 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: -4.67

SPY May 19 $400 puts Pilot Long: Entry: 1.80, Stop: N/A, P&L: -1.71

IWM May 19 $165 puts Pilot Long: Entry: 1.07, Stop: N/A, P&L: -1.05

AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -1.02

[CLOSED] UGL Pilot Long: Entry: 64.65,  [Sold for a 2.05 loss]

MUX Long Position 2: Entry: 9.13, Stop: N/A, P&L: -1.23

ENVX Pilot Long: Entry: 12.44, Stop: N/A, P&L: +0.12

AGI Pilot Long: Entry: 10.65, Stop: 11.65, P&L: +2.21 [Sold half for a 2.35 gain]

CGXEF Long: Entry: 1.25, Stop: 0.75, P&L: -0.29

MUX Pilot Long: Entry: 6.59, Stop: 5.80, P&L: +1.31 [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: -0.63

AG Long: Entry: 8.63, Stop: N/A, P&L: -2.35

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

ETSY Pilot Short: Entry: 95.03, Stop: N/A, P&L: +0.04

DLR Pilot Short: Entry: 96.13, Stop: N/A, P&L: +0.51

[CLOSED] MDB Pilot Short: Entry: 275.93,  [Covered for a 3.50 loss]

CROX Short: Entry: 113.72, Stop: N/A, P&L: -2.95

[CLOSED] CMA Short: Entry: 34.94,  [Covered for a 2.17 loss]

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