By Jeff Cooper
Hit and Run Nightly Stock Report: October 31, 2022
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New Day Trades
MRNA Short
Pattern: Lizard
Entry Trigger: 148.40 or a down ORB
Stop: 1.50
QCOM Long
Pattern: TNT
Entry Trigger: 118.50 or an up ORB
Stop: 1.50
BILL Long
Pattern: NR 7 Day/Holy Grail
Entry Trigger: 135.10 or an up ORB
Stop: 1.25
Note: This may warrant swinging depending on the price action tomorrow. I’ll tweet.
STX Short
Pattern: Continuation play
Entry Trigger: 49.40 or a down ORB
Stop: 1.25
New Swing Trades
ABNB Short
Pattern: Expansion Pivot/180
Entry Trigger: 106.50 or a down ORB
Stop: 2.50
Longs
Note: The long position in IWM Nov 18 $175 Puts was incorrectly shown as still open on Sunday night's report. The $2.90 stop was hit at 12:15 pm ET on Friday, October 28, and the position was closed. The correctly closed position on the report should have read as below:
[CLOSED] IWM Nov 18 $175 puts Pilot Long: Entry: 4.51, [Sold for a 1.61 loss]
Shorts
Uptrending Hit List
FN
CLH
WPM
EOG
VLO
TA
GFS
WIX
NFLX
TGT
CRM
GILD
VRSN
AAPF
CAT
FIX
PTC
Downtrending Hit List
IYR
PDD
NTES
JD
BABA
LITE
AYX
FCN
NET
HELE
DUOL
ETSY
STX