By Jeff Cooper
Hit and Run Nightly Stock Report: May 18, 2023
Need help? Check out the Hit and Run Success Guide
New Day Trades
Continue to keep NET on the long radar looking for the 61 square
ANET Long
Pattern: LROD
Entry Trigger: 142 or an up ORB
Stop: 1.50
Note: ANET looks like 145
ZS Long
Pattern: Signal Day + 1 (ZS left a 180 buy signal on Wednesday)
Entry Trigger: 124.30 or an up ORB
Stop: 1.50
Note: Clearing 125 strike opens door to 130 on Friday and backtest of 200 dma
CRS Short
Pattern: TBT
Entry Trigger: 47.40 or a down ORB
Stop: 1 pt
BABA Short
Pattern: Expansion Pivot
Entry Trigger: 84.85 or a down ORB
Stop: 1.50
Note: Follow Thru opens door to 82.50 region, heads up on a pop up open toward 87 for a short
EXAS Long
Pattern: Holy Grail/180/Rule of 4 Breakout
Entry Trigger: 81.55 or an up ORB
Stop: 1.25
Note: 85 Opex Pinball on deck?
New Swing Trades
MSI Long
Pattern: Rule of 4 Breakout
Entry Trigger: 297.15 or an up ORB
Stop: 2.50
Longs
Shorts
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