By Jeff Cooper

Hit and Run Nightly Stock Report: May 8, 2023

New Day Trades

Continue to keep OKTA on the long radar Tuesday. Also ZS, on an up ORB has projection to 115.

LEGN Long
Pattern: LROD/Bull Flag
Entry Trigger: 69 or an up ORB
Stop: 1.25

OLED Short
Pattern: Holy Grail
Entry Trigger: 136.75 or a down ORB
Stop: 1.25

AMD Long
Pattern: Angular Rule of 4 Breakout
Entry Trigger: 95.85 or an up ORB
Stop: 1.25
Note: AMD looks like it wants to test 100

New Swing Trades

N/A

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

Longs

TZA Pilot Long: Entry: 33.93, Stop: 32.50, P&L: -0.46

GDXU Pilot Long: Entry: 61.01, Stop: 61.90, P&L: +3.05 [Sold 1/3 for a 1.00 gain, and 1/3 for a 2.75 gain]

SLV May 19 $25 calls Pilot Long: Entry: 0.25, Stop: N/A, P&L: -0.16

AEM Pilot Long: Entry: 60.65, Stop: 58.00, P&L: -1.28

[CLOSED] CYBR Long: Entry: 126.17,  [Sold half for a 2.56 gain, and 1/4 for a 3.70 gain, and 1/4 for a 6.70 gain]

GLD May 19 $187 calls Pilot Long: Entry: 4.80, Stop: N/A, P&L: -1.96

GDXJ Pilot Long: Entry: 40.85, Stop: N/A, P&L: +1.09

SPY May 19 $400 puts Pilot Long: Entry: 1.80, Stop: N/A, P&L: -0.80

WPM Long: Entry: 49.48, Stop: 49.48, P&L: +2.36 [Sold 1/3 for a 1.48 gain]

AU Long: Entry: 26.35, Stop: 26.35, P&L: +1.91 [Sold 1/3 for a 1.05 gain]

IWM May 19 $165 puts Pilot Long: Entry: 1.07, Stop: N/A, P&L: -0.53

[CLOSED] IWM May 19 $180 puts Pilot Long: Entry: 5.35,  [Sold 1/3 for a 4.15 gain, and 1/3 for a 5.03 gain, and 1/3 for a 0.11 loss]

SPY May 12 $400 puts Pilot Long: Entry: 2.20, Stop: N/A, P&L: -1.97

AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -0.45

UGL Pilot Long: Entry: 64.65, Stop: 62.60, P&L: +0.88

MUX Long Position 2: Entry: 9.13, Stop: N/A, P&L: -0.26

ENVX Pilot Long: Entry: 12.44, Stop: N/A, P&L: +0.89

AGI Pilot Long: Entry: 10.65, Stop: 11.65, P&L: +3.17 [Sold half for a 2.35 gain]

CGXEF Long: Entry: 1.25, Stop: 0.75, P&L: -0.20

MUX Pilot Long: Entry: 6.59, Stop: 5.80, P&L: +2.28 [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: -1.72

AG Long: Entry: 8.63, Stop: N/A, P&L: -1.78

GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.06

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

GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.28

Shorts

DUOL Pilot Short: Entry: 131.75, Stop: 135.25, P&L: -0.08

IBP Short: Entry: 115.55, Stop: 115.75, P&L: +1.48 [Covered half for a 1.78 gain]

CMA Pilot Short: Entry: 37.80, Stop: 37.80, P&L: +1.65 [Covered half for a 1.15 gain]

[CLOSED] CROX Pilot Short: Entry: 111.85,  [Covered for a 4.16 loss]

[CLOSED] CAT Short: Entry: 212.35,  [Covered for a 4.09 loss]

Uptrending Hit List

AGI

WPM

ACLX

TMDX

LEGN

SRGY

MDB

FIC

CRS

SWAV

NVDA

OTEX

PRTA

TECH

BILL

ZTS

Downtrending Hit List

CMA

ALB

MRNA

OLED

ETSY

AMBA

CROX

FSLR

ETSY

BIDU

BABA

FN

SNEX

TEAM

SITM

PDD

AYX

WIX