By Jeff Cooper
Hit and Run Nightly Stock Report: May 31, 2023
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New Day Trades
Continue to keep AMD and MRVL on short radar Thursday
PRTA Long
Pattern: LROD
Entry Trigger: 67.25 or an up ORB
Stop: 1.25
ZTS Long
Pattern: Train Tracks in the spirit of a Gilligan buy signal
Entry Trigger: 163.50 or an up ORB or a pullback to 162
Stop: 1.50
TGLS Short
Pattern: 180
Entry Trigger: 37.35 or a down ORB
Stop: 1 point
GNRC Short
Pattern: Rule of 4 Sell/Grail Fail
Entry Trigger: Only on a down ORB or a Snapback to 112
Stop: 1.25
New Swing Trades
FDX Short
Pattern: Expansion Breakdown/Expansion Pivot
Entry Trigger: 217.50 or a down ORB
Stop: 2.50
LNG Long
Pattern: Gilligan/LROD
Entry Trigger: 140.65 or an up ORB
Stop: 2 points
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