By Jeff Cooper
Hit and Run Nightly Stock Report: September 24, 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
WFRD Long
Pattern: NR 7 Day/Holy Grail
Entry Trigger: Only on an up ORB
Stop: 1.50
TXRH Short
Pattern: Waterfall
Entry Trigger: 95.30 or a down ORB
Stop: 1.25
FN Long
Pattern: 180
Entry Trigger: 157.65 or an up ORB
Stop: 1.50
LNW Short
Pattern: Expansion Pivot
Entry Trigger: 73 or a down ORB
Stop: 1.25
New Swing Trades
TSLA Short
Pattern: Expansion Pivot/Rule Of 4 Sell
Entry Trigger: 244.50 or a down ORB
Stop: 2.50
Note: 180 degrees down from the recent 279 high is 247. TSLA closed well below that on the important Friday weekly closing basis, opening the door to the next 90 degree decrement down at 231.
Longs
TLT Oct 20 $94 Calls Pilot Long: Entry: 0.59, Stop: 0.30, P&L: 0.00
[CLOSED] CRS Long: Entry: 69.18, [Sold 1/3 for a 1.18 gain, and 2/3 for a 0.22 gain]
[CLOSED] TSLA Pilot Long: Entry: 256.70, [Sold 1/3 for a 1.20 gain, and 2/3 for a 0.25 loss]
IWM Sept 29 $172 Puts Long: Entry: 0.61, Stop: N/A, P&L: +0.02
TZA Long Position 2: Entry: 29.64, Stop: N/A, P&L: +1.70
GLD Pilot Long: Entry: 180.30, Stop: N/A, P&L: -1.68
AYX Oct 20 $37.50 Calls Pilot Long: Entry: 1.65, Stop: 0.83, P&L: +0.15
AYX Long: Entry: 36.63, Stop: N/A, P&L: +0.01
OLED Pilot Long: Entry: 161.00, Stop: 157.90, Target to sell 1/3: 162.00, P&L: -2.54 [Sold 1/3 for a 0.00 gain]
[CLOSED] QQQ Sept 22 $365 Puts Pilot Long: Entry: 0.95, [Sold half for a 3.76 gain, and half for a 3.55 gain]
[CLOSED] QQQ Sept 22 $370 Puts Pilot Long: Entry: 2.11, [Sold half for a 6.88 gain, and half for a 9.84 gain]
SPY Sept 29 $440 Puts Pilot Long: Entry: 2.11, Stop: 5.25, P&L: +7.29 [Sold half for a 6.21 gain]
SN Long: Entry: 40.67, Stop: 40.67, P&L: +3.11 [Sold 1/3 for a 3.20 gain]
GDXU Pilot Long: Entry: 28.87, Stop: 27.50, P&L: +0.41 [Sold 1/3 for a 1.13 gain, and 1/3 for a 3.03 gain]
SLV Jan 17 2025 $30 Calls Pilot Long: Entry: 1.46, Stop: 0.73, P&L: -0.30
AG Long Position 3: Entry: 6.39, Stop: N/A, P&L: -1.28
AU Long: Entry: 18.05, Stop: N/A, Target to sell 1/3: 18.80, P&L: +0.10
AG January 19 $8 Calls Long: Entry: 0.64, Stop: N/A, P&L: -0.55
AGI Pilot Long: Entry: 12.15, Stop: 11.00, P&L: -0.16 [Sold 1/3 for a 0.87 gain]
AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -2.19
MUX Long: Entry: 8.88, Stop: N/A, P&L: -1.95
AVXL Pilot Long: Entry: 10.13, Stop: N/A, P&L: -3.24
AG Long: Entry: 8.63, Stop: N/A, P&L: -3.52
GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.32
IPMLF Long: Entry: 4.05, Stop: N/A, P&L: -2.41
GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.54
Shorts
PANW Pilot Short Position 2: Entry: 228.15, Stop: N/A, P&L: -0.36
EXAS Short: Entry: 69.98, Stop: 69.50, P&L: +3.13 [Covered half for a 1.86 gain]
ZTS Short: Entry: 176.62, Stop: N/A, P&L: -0.06
AMZN Pilot Short: Entry: 129.68, Stop: N/A, P&L: +0.56
[CLOSED] TEAM Short: Entry: 192.43, [Covered for a 4.32 loss]
[CLOSED] ILMN Pilot Short: Entry: 134.05, [Covered half for a 1.35 gain, and half for a 0.00 gain]
ODD Pilot Short: Entry: 27.43, Stop: 27.75, P&L: +0.86 [Covered 1/3 for a 0.64 gain]
PANW Short: Entry: 228.94, Stop: N/A, Target to cover 1/3: 226.30, P&L: +0.43
AEHR Pilot Short: Entry: 41.80, Stop: 44.15, P&L: -0.86
CMA Short: Entry: 41.53, Stop: 43.28, P&L: +0.31
SCHW Pilot Short: Entry: 56.90, Stop: 56.90, P&L: +1.75 [Covered half for a 0.86 gain]
MODV Pilot Short: Entry: 36.69, Stop: 38.25, P&L: +1.15
[CLOSED] PDS Pilot Short: Entry: 70.03, [Covered half for a 1.17 gain, and half for a 2.03 gain]
[CLOSED] LI Pilot Short: Entry: 39.63, [Covered half for a 1.17 gain, and half for a 0.37 loss]
USB Pilot Short: Entry: 35.92, Stop: 37.15, P&L: +2.54 [Covered half for a 1.30 gain]
QCOM Pilot Short: Entry: 106.94, Stop: N/A, P&L: -0.74 [Covered 1/3 for a 0.66 gain]
Uptrending Hit List
WFRD
BX
LNG
MPC
VLO
DELL
AMR
AKAM
CRS
AXON
ONTO
CEG
OLED
ANF
FN
Downtrending Hit List
AMD
DG
ZTS
ODD
WOLF
DHI
PHM
AMBA
IBP
AAP
CAVA
AEHR
MODV
RGR
TXRH
FRPT
DXCM
COIN
TGT
UPS
PODD
UI