By Jeff Cooper

Hit and Run Nightly Stock Report: May 9, 2023

New Day Trades

Continue to keep LEGN on the long radar on Wednesday.

AYX Short
Pattern: 180/Bear Flag
Entry Trigger: 35.50 or a down ORB
Stop: 1 pt

WIX Short
Pattern: Bear Flag
Entry Trigger: 73.70 or a down ORB
Stop: 1.50

ACLX Long
Pattern: Peekaboo new High
Entry Trigger: 45.25 or an up ORB
Stop: 1.25

LSCC Short
Pattern: 180
Entry Trigger: 80.80 or a down ORB
Stop: 1.25

TEAM Long
Pattern: Gilligan
Entry Trigger: 134.60 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

CRM Pilot Long: Entry: 202.06, Stop: N/A, P&L: -0.88

GNLX Pilot Long: Entry: 27.92, Stop: 25.00, P&L: +0.57

UGL Pilot Long: Entry: 66.52, Stop: 64.85, P&L: -0.07

GUSH Pilot Long: Entry: 106.05, Stop: 106.00, P&L: +1.09 [Sold 1/3 for a 1.56 gain, and 1/3 for a 3.45 gain]

TZA Pilot Long: Entry: 33.93, Stop: 32.50, P&L: -0.14

GDXU Pilot Long: Entry: 61.01, Stop: 61.90, P&L: +2.76 [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: -0.18

AEM Pilot Long: Entry: 60.65, Stop: 58.00, P&L: -0.70

GLD May 19 $187 calls Pilot Long: Entry: 4.80, Stop: N/A, P&L: -1.32

GDXJ Pilot Long: Entry: 40.85, Stop: 40.85, P&L: +1.03

SPY May 19 $400 puts Pilot Long: Entry: 1.80, Stop: N/A, P&L: -0.62

WPM Long: Entry: 49.48, Stop: 49.48, P&L: +2.44 [Sold 1/3 for a 1.48 gain]

AU Long: Entry: 26.35, Stop: 26.35, P&L: +1.47 [Sold 1/3 for a 1.05 gain]

IWM May 19 $165 puts Pilot Long: Entry: 1.07, Stop: N/A, P&L: -0.49

SPY May 12 $400 puts Pilot Long: Entry: 2.20, Stop: N/A, P&L: -1.95

AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -0.48

UGL Pilot Long: Entry: 64.65, Stop: 62.60, P&L: +1.80

MUX Long Position 2: Entry: 9.13, Stop: N/A, P&L: -0.87

ENVX Pilot Long: Entry: 12.44, Stop: N/A, P&L: +0.67

AGI Pilot Long: Entry: 10.65, Stop: 11.65, P&L: +3.09 [Sold half for a 2.35 gain]

CGXEF Long: Entry: 1.25, Stop: 0.75, P&L: -0.26

MUX Pilot Long: Entry: 6.59, Stop: 5.80, P&L: +1.67 [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: -1.06

AG Long: Entry: 8.63, Stop: N/A, P&L: -1.81

GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.05

IPMLF Long: Entry: 4.05, Stop: N/A, P&L: -2.71

GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.27

Shorts

CYBR Pilot Short: Entry: 134.94, Stop: 137.25, P&L: -1.21

OLED Short: Entry: 137.42, Stop: 138.15, P&L: +1.70

[CLOSED] DUOL Pilot Short: Entry: 131.75,  [Covered for a 3.50 loss]

[CLOSED] IBP Short: Entry: 115.55,  [Covered half for a 1.78 gain, and half for a 0.20 loss]

[CLOSED] CMA Pilot Short: Entry: 37.80,  [Covered half for a 1.15 gain, and half for a 1.80 gain]

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