By Jeff Cooper
Hit and Run Nightly Stock Report: September 04, 2023
Need help? Check out the Hit and Run Success Guide
Editor's Note: How is your Hit and Run Trading experience going? Click here to let us know.
New Day Trades
IOT Long
Pattern: Expansion Breakout/Angular Rule Of 4 Breakout
Entry Trigger: 31.30 or an up ORB (due to the large spike on Friday, I would take a pilot if it triggers and wait for a possible Side Door Entry to around 29.60)
Stop: 1.25
NET Short
Pattern: LROD
Entry Trigger: 63.40 or a down ORB or a Snapback to 64/90
Stop: 1.25
AMBA Short
Pattern: Minus One/Plus Two sell setup
Entry Trigger: Only on a down ORB
Stop: 1.25
LNG Long
Pattern: 180
Entry Trigger: 168 or an up ORB
Stop: 1.50
New Swing Trades
ZS Long
Pattern: TNT (Thrust, Noise, Thrust)
Entry Trigger: 159.30 or an up ORB
Stop: 2 points
Note: ZS looks like it wants to test 164 region
Longs
GDXJ Oct 20 $37 Calls Long: Entry: 1.20, Stop: 0.60, P&L: -0.12
[CLOSED] GDXU Pilot Long Position 2: Entry: 31.34, [Sold 1/3 for a 2.30 gain, and 2/3 for a 0.00 gain]
[CLOSED] TDW Pilot Long: Entry: 62.96, [Sold 1/3 for a 0.86 gain, and 1/3 for a 2.28 gain, and 1/3 for a 4.44 gain]
UPST Pilot Long Position 2: Entry: 32.00, Stop: N/A, P&L: +0.95
[CLOSED] UPST Long: Entry: 30.62, [Sold 1/3 for a 1.97 gain, and 1/3 for a 2.35 gain, and 1/3 for a 3.52 gain]
[CLOSED] GDXU Pilot Long: Entry: 32.73, [Sold half for a 1.44 gain, and half for a 0.48 loss]
[CLOSED] TZA Long Position 3: Entry: 26.07, [Sold for a 1.32 loss]
SLV Jan 17 2025 $30 Calls Pilot Long: Entry: 1.46, Stop: 0.73, P&L: -0.07
VLO Pilot Long: Entry: 133.08, Stop: 130.00, P&L: +0.50 [Sold half for a 0.77 gain]
TLT Pilot Long Position 2: Entry: 94.60, Stop: 94.45, P&L: +0.25 [Sold 1/3 for a 1.04 gain]
TLT Oct 20 $97 Calls Pilot Long: Entry: 1.79, Stop: 0.90, P&L: -0.40
TZA Pilot Long Position 2: Entry: 26.99, Stop: N/A, P&L: -1.92 [Sold 1/3 for a 0.96 gain]
TLT Sept 15 $94 Calls Long: Entry: 1.25, Stop: 1.25, P&L: +0.45 [Sold 1/3 for a 1.16 gain, and 1/3 for a 1.44 gain]
ENVX Long: Entry: 14.05, Stop: 12.55, P&L: +0.05
TLT Pilot Long: Entry: 93.63, Stop: 93.63, P&L: +1.22 [Sold 1/3 for a 0.86 gain, and 1/3 for a 2.80 gain]
AG Long Position 3: Entry: 6.39, Stop: N/A, P&L: -0.44
WPM Pilot Long: Entry: 44.02, Stop: 43.00, P&L: -0.83 [Sold half for a 0.31 loss]
AU Pilot Long: Entry: 19.29, Stop: N/A, P&L: -2.28
AG January 19 $8 Calls Long: Entry: 0.64, Stop: N/A, P&L: -0.41
AGI Pilot Long: Entry: 12.15, Stop: 11.00, P&L: +0.22 [Sold 1/3 for a 0.87 gain]
TZA Long: Entry: 28.90, Stop: N/A, P&L: -3.83
AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -1.35
MUX Long: Entry: 8.88, Stop: N/A, P&L: -1.02
AVXL Pilot Long: Entry: 10.13, Stop: N/A, P&L: -2.19
AG Long: Entry: 8.63, Stop: N/A, P&L: -2.68
GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.28
IPMLF Long: Entry: 4.05, Stop: N/A, P&L: -2.19
GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.50
Shorts
WOLF Pilot Short: Entry: 47.12, Stop: 47.50, P&L: +1.19 [Covered 1/3 for a 0.85 gain]
LEN Pilot Short: Entry: 119.86, Stop: 122.00, P&L: -0.80
SCHW Short: Entry: 59.40, Stop: 61.10, P&L: -1.10
[CLOSED] PDD Pilot Short: Entry: 98.41, [Covered for a 2.84 loss]
[CLOSED] DUOL Pilot Short: Entry: 148.56, [Covered for a 1.69 loss]
MRVL Short: Entry: 57.82, Stop: 59.50, Target to cover 1/3: 56.30, P&L: -0.14
[CLOSED] BIDU Short: Entry: 143.36, [Covered 1/3 for a 0.76 gain, and 2/3 for a 2.09 loss]
CMA Pilot Short: Entry: 48.39, Stop: 50.15, P&L: -0.31
NTES Pilot Short: Entry: 103.88, Stop: N/A, P&L: -0.57
Uptrending Hit List
ANET
CAT
SLV
ONTO
MOD
IOT
WHD
WFRD
LNG
HES
TDW
DELL
AXON
VMW
Downtrending Hit List
FSLR
DG
PODD
AMBA
BIDU
UPS
CMA
LEN
NKE
TXN
WOLF
MODV
ETSY
EXAS
