AI Trader | O’Neil: 6 pass the gate, NSIT best at 3.13:1

William@CANSLIM Research

NSIT is the only name that deserves your attention today, and even that is a coin flip. The base is tight and the buy point at 159.51 is clear, but volume is nowhere near where I need it — a 0.012 ratio tells me the institutions haven’t committed yet. I’d rather miss the first few points than buy a breakout that dies on weak hands. NGL, MPC, and PANW are on the list, but none of them are screaming with the kind of accumulation that separates winners from laggards. With 86 names to avoid, the message is simple: don’t force a trade just because the market is in a confirmed uptrend. Patience is a position.

Today’s dual scan surfaced 110 candidates (actionable 6, watch 18, avoid 86). Market regime: Confirmed Uptrend. Published 2026-08-31 21:57.

The Market Comes First

The tape reads Confirmed Uptrend. I never fight the general market — three out of four stocks follow it. I only put money to work when the market is in a confirmed uptrend; when distribution stacks up or a correction sets in, I raise cash and wait. No individual chart is good enough to override that.

How I Screen — My Rules, Not Opinions

Today’s List at a Glance

Actionable 6 · Watch 18 · Avoid 86. Names, buy points, stops and targets are below for members.

Portfolio Snapshot

Recent Trades:

🔴 FROG -8.0% — Stop-loss hit at $96.53

🔴 CDNA -11.0% — Stop-loss hit at $47.87

🟢 DELL +3.8% — Trimmed for portfolio risk limit

🔴 NTRA -0.7% — Trimmed for portfolio risk limit

🔴 SCCO -2.1% — Trimmed for portfolio risk limit

Open Positions

Ready — At the Buy Point

PANW · Double Bottom · R/R 3.13:1

Why now: The double bottom is complete, and the stock is holding just 2.59% above the 368.9 pivot—still within the 5% buy zone, not extended. The RS line is at a new high (0.8 score), confirming this name is leading the market, not lagging. The 3.13 reward-to-risk ratio justifies the entry, and the 65% base depth shows a violent shakeout that has now resolved constructively.

Why wait / risk: Today’s volume is only 0.132x its 50-day average—a breakout on weak trade is suspect, and I never trust a move without institutional participation. If it fails to hold above 368.9 on rising volume, or drops 7-8% from my entry, I’m out immediately; the 339.39 stop is non-negotiable.

Skipped: max 6 positions reached

Imminent — Close to Triggering

NSIT · Base breakout · R/R 3.13:1

Why now: The stock is within 2% of a proper buy point at 159.51, and the RS line is at a new high (0.995), confirming it is a market leader. The reward/risk at 3.13 is worth the wait, and the up/down volume ratio of 2.383 shows strong institutional accumulation. I want to see a decisive move through 159.51 on volume at least 40-50% above average—today's volume is a non-event at 0.012, so the breakout is not yet confirmed.

Why wait / risk: The base is only 2.2 weeks old and extremely deep at 60%, which is a red flag for a late-stage or flawed pattern; a shallow, tight base is far more reliable. If the stock fails to trigger within a week or pulls back more than 5% from the buy point, the setup is invalid—do not force a trade on a weak, low-volume drift.

Skipped: already holding

NGL · Base breakout · R/R 3.13:1

Why now: The stock is sitting just 1.33% below a proper buy point at 18.9, with the RS line at a new high—exactly the kind of tight, constructive action I want to see before a breakout. The reward/risk at 3.13 is worth the wait, and a 2-week base with 42% depth, while not ideal, has formed after a strong run to new highs. I want to see volume expand to at least 1.5-2x the 50-day average on the day it clears 18.9; today’s 0.211 volume is dead, so the trigger is still ahead.

Why wait / risk: This is a low-confidence setup (0.4) because the base is shallow and short, and the stock is already at a 52-week high with only 2.8% extension from the 50-day MA—any further drift up without a volume surge risks becoming a chase. If it fails to break out within a week or closes below 17.39, the pattern is dead; I will not average down or extend the stop.

✅ Portfolio: I am buying 558 shares at the close. 558 shares @ $18.9 (risk $843)

MPC · Base breakout · R/R 3.13:1

Why now: This is a classic tight-close setup—MPC is sitting just 0.88% under the 376.15 pivot, with the RS line at a new high and a 2.33 up/down volume ratio showing institutional accumulation. The 3.13 reward/risk is worth the wait, and the stock is at its 52-week high, meaning it’s breaking into new price territory, not catching a falling knife.

Why wait / risk: Volume today is only 0.07x its 50-day average—that’s a dead tape, not a breakout. A base this shallow (1.4 weeks) with 49.72% depth is low quality, and the 5.81% extension off the 50-day MA tells me it’s already stretched. If it can’t clear 376.15 on at least 40-50% above average volume, the setup fails; a close below 346.06 is my hard exit, no exceptions.

Skipped: max 6 positions reached

Watch List — What’s Missing

Avoid — Why We’re Passing

What I’d Tell You

One, only buy when the market is with you. Two, buy in the zone — from the buy point to five percent past it, never more; the stock that gets away costs you nothing, the one you chase costs you money. Three, the seven-to-eight percent stop is not negotiable. Do those three things and the reward-to-risk takes care of itself.

Stage, pattern and sentiment labels are generated by rule-based approximations (Weinstein stage analysis, Minervini trend template and heuristic pattern detection), not by precise technical analysis. Data as of August 31, 2026. For informational and educational purposes only — not investment advice. Always verify against primary sources before making any investment decision. Ratings use open-data proxies for IBD-proprietary figures and may run looser than the originals.