Markets were closed on Monday for Labor Day, but the homework continues.
Today’s watchlist is built on two scans:
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25M+ shares traded in the last 40 days
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Stocks up 4%+ on 3x volume in the last 40 days
These scans surface names in play, with catalysts that can spark further moves.
Here’s what I’m watching:
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$RCAT – Military drones. Weekly setup already triggered, not adding, but still in play.
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$LIDR – NVIDIA collab, 300M+ volume spike. Buy-stop ~$2.91, stop ~$2.74.
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$RDDT / $RDTL – Earnings beat, 20% short. Watching for bounce off 21-day MA.
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$RKT – ValueAct building stake, 44% short float. Buy-stop ~$18.14, stop ~$17.50.
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$ZETA – Hedge fund accumulation + buyback. Strong fundamentals. Buy-stop ~$20.17, stop ~$19.20.
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$COUR – Post-earnings pullback. Buy-stop ~$11.58, stop ~$11.25.
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$ASTS – Heavily shorted, inside-day setup. Buy-stop ~$49.10, stop ~$46.70.
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$QUBT – Quantum theme, 27% short float. Buy-stop ~$16.17, stop ~$15.30.
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$TMC – Rare earth/metals play, policy tailwind. Buy-stop ~$5.48, stop ~$5.00.
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$FSLR – Hedge fund accumulation, tax credit theme. Buy-stop ~$199.80, stop ~$192.65.
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$PL – Weekly trigger already hit. Still showing relative strength.
Key takeaway:
Always ask yourself, “Where are the moves starting from?” More often than not: multi-day pullbacks, inside days, or retests of the 10–21 day MAs.
Trade them well,
Frank
