By Jeff Cooper
Hit and Run Nightly Stock Report: May 30, 2023
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New Day Trades
Continue to keep UPST on the long radar from yesterday’s report. A textbook 1 2 3/180 long setup.
FIVN Long
Pattern: Signal Day + 1 (Friday was an LROD)
Entry Trigger: 61.10 or an up ORB
Stop: 1 pts
TEAM Long
Pattern: NR 7 Day
Entry Trigger: 169.80 or an up ORB
LNW Short
Pattern: LROD/180
Entry Trigger: 57.25 or a down ORB
Stop: 1 pt
WYNN Short
Pattern: LROD
Entry Trigger: 98.60 or a down ORB
Stop: 1.25
RMBS Short
Pattern: Gilligan’s Island
Entry Trigger: 65.20 or a down ORB
Stop: 1.25
Note: RMBS may be magnetized to Phil D Gap in the 59 region
Longs
Shorts
Uptrending Hit List
CRM
META
SMCI
ACLS
AMD
NVMI
UCTT
MOD
ANET
MRVL
RMBS
OLED
CAN
OKTA
PANW
MNDY
Downtrending Hit List
FIVE
ABNB
ETSY
ASO
SIMO
WIX
LSCC
ZTS
NVCR
CROX
TAGT
LNG
SYK
UI
TEAM
LEN
AYX