AI Trader | O’Neil: 13 pass the gate, LPG best at 3.13:1

William@CANSLIM Research

LPG is the one name that matters today. It’s sitting right at 55.38 with a 3.13 reward-to-risk, but volume is only 0.96 times average—that’s not the institutional punch I want to see on a breakout. I’ll watch it, but I won’t chase until the tape confirms with at least 40% above average volume. PSX, ECO, and DELL are actionable, but none are screaming leadership. Sixty-eight names are avoid—that’s the real story. The market is in a confirmed uptrend, but it’s selective. Don’t force a trade just because the index looks healthy. Patience is a position.

Today’s dual scan surfaced 100 candidates (actionable 13, watch 19, avoid 68). Market regime: Confirmed Uptrend. Published 2026-09-05 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 13 · Watch 19 · Avoid 68. 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

LPG · Base breakout · R/R 3.13:1

Why now: The stock is sitting just 0.33% under a proper buy point at 55.38, with the RS line at a new high and up/down volume ratio of 2.024—institutional accumulation is clear. A base of only 2.2 weeks after a 50% correction is shallow, but the tightness into the pivot and zero distance to the 52-week high tell me supply is drying up. I want to see a decisive close above 55.38 on volume at least 40-50% above its 50-day average; that is the only trigger I will act on.

Why wait / risk: The base depth of 50.12% is deep and sloppy—this is not a clean, tight pattern, and the low base quality score (0.476) warns me the structure may be fragile. If the stock fails to break out within the next week or stalls below 55.38 on rising volume, the setup is invalid; I will not touch it until it proves itself with that heavy-volume breakout.

Skipped: max 6 positions reached

PSX · Base breakout · R/R 3.13:1

Why now: PSX is within 2.18% of its 260.78 buy point, with the RS line at a new high score of 0.931—exactly the kind of relative strength I want to see before a breakout. The stock is only 0.39% off its 52-week high, and the up/down volume ratio of 1.807 confirms institutional accumulation is in place. A 3.13 reward/risk ratio justifies waiting for the precise trigger rather than acting early.

Why wait / risk: The base is only 2.4 weeks old with a 41.82% depth—that’s shallow and choppy, not the tight, constructive pattern I prefer. Today’s volume is just 0.838 times the 50-day average, so there’s no institutional thrust yet; if PSX fails to break out on heavy volume or closes below 239.92, the setup is invalidated and I move on.

Skipped: max 6 positions reached

ECO · Base breakout · R/R 3.13:1

Why now: The stock is sitting just 0.61% below a proper buy point at 71.87, with the relative strength line at a new high—exactly the kind of institutional footprint I want to see before a breakout. The up/down volume ratio of 1.716 confirms accumulation beneath the surface, and the 3.13 reward-to-risk ratio justifies waiting for the trigger rather than reaching early.

Why wait / risk: The base is only 3.4 weeks old and 46.51% deep—that's a late-stage, sloppy structure with a base quality score of 0.421, which historically fails more often than it works. Today's volume is 26% below its 50-day average, so there is no institutional urgency yet; if the stock stalls or drops below 66.12, the setup is dead and I move on.

Skipped: max 6 positions reached

DELL · Base breakout · R/R 3.13:1

Why now: The stock is sitting just 2% under a proper buy point at 535.06, with the RS line at a new high and today’s volume running 1.48x its 50-day average—exactly the kind of institutional footprint I want to see before a breakout. The base is short at 3.4 weeks, but the tightness near the highs and the 3.13 reward-to-risk ratio make this worth the wait for the trigger.

Why wait / risk: A 74% base depth tells me this stock has been volatile, and the current 2% pullback from the buy point is not a confirmed breakout—it’s still a setup. If volume dries up or the stock fails to clear 535.06 on heavy trade, the pattern is invalid; I will not touch it below that level, and a close under 492.26 would cut the loss at 8%.

Skipped: max 6 positions reached

INSW · Cup with Handle · R/R 3.13:1

Why now: The stock is sitting just 0.98% below a proper buy point at 105.53, with the RS line at a new high and today’s volume running 1.33x its 50-day average—exactly the institutional footprint I want to see before a breakout. The 3.13 reward-to-risk ratio justifies the wait, and a 25% target from a 43% deep base offers the kind of asymmetric payoff that only comes from a tight, high-momentum setup.

Why wait / risk: A 43% base depth is deeper than I prefer, and the 0.508 base quality score tells me this pattern is not pristine—it could fail to trigger cleanly. If the stock stalls below 105.53 for another week or closes below the 50-day MA with volume, the setup is invalidated; I never buy a stock that can’t clear its pivot on heavy accumulation.

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 05, 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.