By Jeff Cooper

Hit and Run Nightly Stock Report: May 7, 2023

New Day Trades

Continue to keep NET on the long radar from Friday’s tweet

IBP Short
Pattern: Holy Grail
Entry Trigger: Only on a down ORB
Stop: 1.50

TECH Long
Pattern: +1/-2 buy setup on trade below Friday’s low / Holy Grail
Entry Trigger: Pullback to 82.25 or an up ORB
Stop: 1.25

MODV Short
Pattern: Continuation play
Entry Trigger: 53 or a down ORB
Stop: 1.25
Note: 3 Day Rule in progress (3rd day of a sell off)


PANW Long
Pattern: Continuation play to 20/50 Bowtie at 190
Entry Trigger: 184.90 or an up ORB
Stop: 1.50

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

[CLOSED] SNOW Long: Entry: 156.80,  [Sold 1/3 for a 1.61 gain, and 2/3 for a 0.00 gain]

[CLOSED] NVDA Long: Entry: 278.80,  [Sold 1/3 for a 1.92 gain, and 1/3 for a 3.74 gain, and 1/3 for a 5.93 gain]

TZA Pilot Long: Entry: 33.93, Stop: 32.50, P&L: -0.71

GDXU Pilot Long: Entry: 61.01, Stop: 61.90, P&L: +3.24 [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: -0.12

AEM Pilot Long: Entry: 60.65, Stop: 58.00, P&L: -0.84

CYBR Long: Entry: 126.17, Stop: 128.70, P&L: +6.71 [Sold half for a 2.56 gain, and 1/4 for a 3.70 gain]

GLD May 19 $187 calls Pilot Long: Entry: 4.80, Stop: N/A, P&L: -1.95

[CLOSED] OKTA Pilot Long: Entry: 72.15,  [Sold half for a 1.82 gain, and half for a 1.00 gain]

GDXJ Pilot Long Position 2: Entry: 40.85, Stop: N/A, P&L: +0.96

[CLOSED] TLT Pilot Long: Entry: 103.87,  [Sold 1/3 for a 1.59 gain, and 1/3 for a 2.20 gain, and 1/3 for a 0.48 gain]

SPY May 19 $400 puts Pilot Long: Entry: 1.80, Stop: N/A, P&L: -0.40

[CLOSED] CRSP Long: Entry: 49.22,  [Sold 1/3 for a 2.16 gain, and 1/3 for a 4.18 gain, and 1/3 for a 5.80 gain]

[CLOSED] JNUG Pilot Long: Entry: 42.60,  [Sold 1/3 for a 1.68 gain, and 1/3 for a 4.87 gain, and 1/3 for a 1.40 gain]

WPM Long: Entry: 49.48, Stop: 49.48, P&L: +2.61 [Sold 1/3 for a 1.48 gain]

[CLOSED] UVXY May 5 $4 calls Long: Entry: 0.23,  [Sold for a 0.23 loss]

AU Long: Entry: 26.35, Stop: 26.35, P&L: +1.99 [Sold 1/3 for a 1.05 gain]

[CLOSED] FNV Long: Entry: 152.62, [Sold 1/3 for a 1.59 gain, and 1/3 for a 4.93 gain, and 1/3 for a 3.03 gain]

IWM May 19 $165 puts Pilot Long: Entry: 1.07, Stop: N/A, P&L: -0.41

IWM May 19 $180 puts Pilot Long: Entry: 5.35, Stop: 5.35, P&L: +0.64 [Sold 1/3 for a 4.15 gain, and 1/3 for a 5.03 gain]

[CLOSED] GDXJ Pilot Long: Entry: 40.99,  [Sold half for a 0.93 gain, and half for a 0.91 gain]

SPY May 12 $400 puts Pilot Long: Entry: 2.20, Stop: N/A, P&L: -1.71

AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -0.46

UGL Pilot Long: Entry: 64.65, Stop: 62.60, P&L: +0.75

MUX Long Position 2: Entry: 9.13, Stop: N/A, P&L: -0.21

ENVX Pilot Long: Entry: 12.44, Stop: N/A, P&L: +0.20

AGI Pilot Long: Entry: 10.65, Stop: 11.65, P&L: +3.16 [Sold half for a 2.35 gain]

CGXEF Long: Entry: 1.25, Stop: 0.75, P&L: -0.19

MUX Pilot Long: Entry: 6.59, Stop: 5.80, P&L: +2.33 [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: -1.69

AG Long: Entry: 8.63, Stop: N/A, P&L: -1.79

GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.07

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

GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.29

Shorts

CROX Pilot Short: Entry: 111.85, Stop: 116.00, P&L: -2.64

CAT Short: Entry: 212.35, Stop: 216.10, P&L: -2.74

[CLOSED] PANW Short: Entry: 178.43,  [Covered for a 3.57 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