By Jeff Cooper
Hit and Run Nightly Stock Report: May 2, 2023
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New Day Trades
Continue to keep OKTA on the long radar from today’s tweet
INTA Short
Pattern: 180/ Rule of 4 Sell (below the Feb/March flat)
Entry Trigger: 38 or a down ORB
Stop: 1.25
PANW Short
Pattern: 180/ droop Right Shoulder
Entry Trigger: 176 or a down ORB
Stop: 1.50
Note: PANW is eying 170 strike/200 day moving average
AMZN Long
Pattern: 1 2 3 Pullback/Holy Grail
Entry Trigger: 104.10 or an up ORB
Stop: 1.25
Note: AMZN catapulted off a trendline from the March lows
WFRD Short
Pattern: Expansion Pivot/180
Entry Trigger: 59.10 or a down ORB
Stop: 1.50
Note: Heads up this one is thin but it looks like it wants to test 51-52 region
HES Short
Pattern: Angular Rule of 4 Sell
Entry Trigger: 135.50 or a down ORB
Stop: 1.50
Note: HES looks like it has a date with its 200 dma at 132
New Swing Trades
N/A
Longs
Shorts
Uptrending Hit List
AGI
AU
WPM
TGLS
ACLX
TMDX
MSI
LEGN
SRGY
FIX
MDB
CRS
SYK
IBP
DUOL
HES
SWAV
CPE
Downtrending Hit List
CMA
USB
ALB
MRNA
OKTA
OLED
AYX
TSM
FN
CYBR
BIDU
BABA
ETSY
FSLR
CROX
AMBA
TGT
CRWD
PANW