AI Trader | O’Neil: 16 pass the gate, DELL best at 3.13:1

William@CANSLIM Research

DELL is the one name that matters today. A base breakout at 530.88 with volume at 2.84 times average and a 3.13 reward-to-risk ratio — that’s the institutional footprint we want to see. It’s imminent, not extended, so you wait for the trigger and act. RNG, MPC, and LPG are on the list, but they’re secondary until they prove themselves with heavier trade. The 72 names to avoid are the real lesson — most of this market is still noise, and chasing it will cost you. Stay disciplined, let the leaders come to you, and cut anything that fails 7-8% without a second thought.

Today’s dual scan surfaced 99 candidates (actionable 16, watch 11, avoid 72). Market regime: Confirmed Uptrend. Published 2026-09-04 07:00.

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 16 · Watch 11 · Avoid 72. Names, buy points, stops and targets are below for members.

Portfolio Snapshot

Recent Trades:

🟢 ZETA +0.6% — Trimmed for portfolio risk limit

🔴 FRO -2.1% — Trimmed for portfolio risk limit

🔴 FIVN -2.4% — Trimmed for portfolio risk limit

🟢 MPC +1.7% — Trimmed for portfolio risk limit

🟢 MPC +1.7% — Trimmed for portfolio risk limit

Open Positions

Imminent — Close to Triggering

DELL · Base breakout · R/R 3.13:1

Why now: The stock is sitting just 2.73% under a proper buy point of 530.88, with the RS line at a new high and volume today running 2.84 times its 50-day average—exactly the institutional footprint I want to see before a breakout. The 3.13 reward-to-risk ratio justifies waiting for the trigger, and the current close is still within striking distance of a 52-week high, not extended from its 50-day moving average.

Why wait / risk: This base is only 3.2 weeks old with a 74% depth—that is a deep, sloppy structure, and the low base quality score of 0.283 tells me the pattern is fragile. If the stock fails to clear 530.88 on heavy volume within the next week, or if it breaks below 488.41, the setup is invalidated and I will not touch it.

Skipped: max 6 positions reached

RNG · Base breakout · R/R 3.13:1

Why now: The stock is sitting just 2.17% under a proper buy point of 78.05, with the RS line at a new high—exactly the kind of tight, constructive action I want to see before a breakout. The up/down volume ratio of 2.758 confirms institutional accumulation, and the 3.13 reward/risk is worth the wait. I do not buy cheap stocks or laggards; I buy strength at the pivot, and this setup is coiled.

Why wait / risk: The base is only 3.2 weeks old with a 57.75% depth—that is shallow and sloppy, not the tight, 7-8 week pattern I prefer. Volume today is 0.859 of the 50-day average, so there is no institutional thrust yet; if the stock fails to clear 78.05 on volume at least 40-50% above average, the breakout is suspect. I will not touch it below the pivot, and a close under 71.81 kills the idea.

Skipped: already holding

MPC · Base breakout · R/R 3.13:1

Why now: The stock is pressing into a proper buy point at 398.42 from a short 2.2-week base, and it sits at a 52-week high with the RS line near its peak—exactly the kind of tight, high-momentum setup I want. The up/down volume ratio of 2.674 confirms institutional accumulation beneath the surface, and with a reward/risk of 3.13, this is a setup worth waiting for rather than forcing.

Why wait / risk: The base is shallow and only 2.2 weeks old, with a depth of 49.58% that signals prior volatility—this is not a clean, long consolidation. A close below the 366.55 stop, or a breakout on volume below its 50-day average (today at 0.907), would invalidate the pattern and tell me the buyers aren't committed. I never chase; I wait for the trigger on heavy volume.

Skipped: max 6 positions reached

LPG · Base breakout · R/R 3.13:1

Why now: The stock is sitting just 0.61% below a proper buy point at 53.9, with the RS line already at a new high—exactly the kind of institutional sponsorship I want to see before a breakout. The 3.13 reward-to-risk ratio justifies the wait, and the up/down volume ratio of 1.701 tells me buyers are in control. A close above 53.9 on volume at least 40% above average would confirm the move.

Why wait / risk: This base is only two weeks old with a 48.75% depth—that’s shallow and sloppy, not the tight, constructive pattern I prefer. Volume today is only 0.791 times the 50-day average, so there’s no institutional thrust yet. If the stock fails to break out within a week or pulls back below 49.59, the setup is dead—cut it immediately.

Skipped: max 6 positions reached

INSW · Cup with Handle · R/R 3.13:1

Why now: The stock is sitting just 0.8% below a proper 103.06 buy point, with the RS line at a new high—exactly the kind of institutional accumulation I want to see before a breakout. The 25% target versus an 8% stop gives me a 3.13 reward/risk, which justifies the wait for the trigger. A two-week base with a 41.77% correction is shallow enough to be constructive, and the price action is tight to the pivot.

Why wait / risk: I never buy a stock that hasn't cleared its buy point on volume—today's volume is only 0.995x the 50-day average, so there's no confirmation yet. If it fails to break 103.06 within the next week or pulls back more than 3.38% from its 50-day moving average, the setup is invalid and I move on.

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 September 04, 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.