By Jeff Cooper

Hit and Run Nightly Stock Report: May 31, 2023

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

Note: Entry prices may be averages of two separate entries for when a pilot position is made into a full position.

Longs

TSLA Long Position 2: Entry: 198.93, Stop: N/A, P&L: +5.00 [Sold 1/3 for a 1.00 gain]

GNLX Pilot Long: Entry: 27.00, Stop: N/A, P&L: +0.20

FNV Pilot Long: Entry: 146.10, Stop: 142.90, P&L: -0.71

WPM Pilot Long: Entry: 44.90, Stop: 43.40, P&L: +0.35

[CLOSED] TSLA Pilot Long: Entry: 197.04,  [Sold 1/3 for a 1.07 gain, and 1/3 for a 1.43 gain, and 1/3 for a 3.53 gain]

AGQ Pilot Long: Entry: 29.13, Stop: 27.50, P&L: -0.01

NEM Long: Entry: 40.81, Stop: 39.00, P&L: -0.26

GDXU Pilot Long: Entry: 41.09, Stop: 38.80, P&L: +0.85 [Sold 1/3 for a 0.66 gain]

QQQ July 21 $325 Puts Pilot Long: Entry: 5.95, Stop: N/A, P&L: -2.36

KBH July 21 $44 puts Long: Entry: 3.05, Stop: N/A, P&L: -0.37

TLT Long: Entry: 100.77, Stop: 100.77, P&L: +2.22 [Sold half for a 1.13 gain]

AU Long: Entry: 24.61, Stop: 23.25, P&L: -0.41

AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -1.53

MUX Long Position 2: Entry: 9.13, Stop: N/A, P&L: -1.49

ENVX Pilot Long: Entry: 12.44, Stop: N/A, P&L: +0.83

AGI Pilot Long: Entry: 10.65, Stop: 11.65, P&L: +1.69 [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: +1.05 [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: -0.89

AG Long: Entry: 8.63, Stop: N/A, P&L: -2.86

GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.09

IPMLF Long: Entry: 4.05, Stop: N/A, P&L: -2.65

GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.31

Shorts

CMA Pilot Short: Entry: 35.81, Stop: N/A, P&L: -0.29

[CLOSED] WYNN Short: Entry: 98.81,  [Covered half for a 1.50 gain, and half for a 0.61 gain]

[CLOSED] WIX Pilot Short: Entry: 74.69,  [Covered for a 1.41 loss]

CYBR Short: Entry: 157.00, Stop: 156.00, P&L: +2.27 [Covered half for a 4.06 gain]

[CLOSED] ZTS Pilot Short: Entry: 164.25,  [Covered 1/3 for a 2.60 gain, and 1/3 for a 3.25 gain, and 1/3 for a 1.50 gain]

TWLO Short: Entry: 63.71, Stop: 70.70, P&L: -5.91

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