📈 PREMARKET WATCHLIST – August 6, 2026

Published on: August 5, 2026

Market Overview

After-hours action on August 5 was dominated by low-float names with fresh catalysts, led by CLRO nearly doubling on heavy volume and SEC activity, while SURG and MGRX ripped on wireless JV and nuclear microreactor partnership news. Small-cap momentum remained strong into the close of extended hours with elevated RVOL across biotech, telecom, and AI-related names.

Broader market sentiment stayed mixed heading into Thursday, but scanners highlighted multiple potential squeezes and known runners with Form 8-K/6-K filings and partnership headlines providing the fuel for continued premarket interest.

1️⃣ $CLRO (ClearOne) | 🤖 Technology / Communication Equipment

Current Status:

Price: $7.30 (+98.37%)
Float: 0.85M
Volume: 8.53M (high RVOL)
Key Times: High 19:59 ET, Support test late session

Trading Levels:

Intraday Range: $3.60–$8.05
Key Support: $3.68 (close), $4.00 (consolidation)
Entry Zones: → $6.50 / $7.00

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $8.50 | T2 $9.50 | T3 $11.00 | T4 $13.00 | T5 $15.00
Stop Loss: $6.00 (max 3–5% risk)
Trailing Stop: 10% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: BREAKOUT, MOMENTUM, Potential Squeeze, Known Runner, FORM 8-K
Volume: 8.53M shares, $55.4M dollar volume (high RVOL)
Indicators: RSI elevated, MACD bullish cross, OBV rising, above VWAP
Pattern: Breakout continuation (daily)
Catalyst: Capital structure streamlining amid pending merger — SEC Form 8-K, August 5, 2026

2️⃣ $SURG (SurgePays) | 💳 Telecom / Wireless Services

Current Status:

Price: $0.357 (+59.76%)
Float: 17.0M
Volume: 20.86M (extreme RVOL)
Key Times: High 19:59 ET, Support test mid-AH

Trading Levels:

Intraday Range: $0.212–$0.398
Key Support: $0.22 (close), $0.25 (overnight)
Entry Zones: → $0.30 / $0.33

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $0.40 | T2 $0.45 | T3 $0.55 | T4 $0.65 | T5 $0.80
Stop Loss: $0.28 (max 3–5% risk)
Trailing Stop: 12% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: BREAKOUT, MOMENTUM, FORM 8-K
Volume: 20.86M shares, $7.24M dollar volume (extreme RVOL)
Indicators: RSI overbought, MACD strong up, OBV surging, above VWAP
Pattern: Gap-and-go continuation (intraday)
Catalyst: Forms Redline Wireless Group JV to scale LinkUp Mobile across 20,000+ dealers — GlobeNewswire, August 5, 2026

3️⃣ $MGRX (Mangoceuticals) | 🧬 Healthcare / Biotechnology

Current Status:

Price: $0.635 (+49.24%)
Float: 13.4M
Volume: 60.56M (extreme RVOL)
Key Times: High 19:59 ET, Support test early AH

Trading Levels:

Intraday Range: $0.435–$0.79
Key Support: $0.43 (close), $0.50 (consolidation)
Entry Zones: → $0.55 / $0.60

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $0.75 | T2 $0.90 | T3 $1.10 | T4 $1.30 | T5 $1.50
Stop Loss: $0.52 (max 3–5% risk)
Trailing Stop: 12% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: BREAKOUT, MOMENTUM, NBREAK, FORM 8-K, 0 Borrow
Volume: 60.56M shares, $41.5M dollar volume (extreme RVOL)
Indicators: RSI elevated, MACD bullish, OBV rising, above VWAP
Pattern: Multi-day breakout (daily)
Catalyst: Nuclea Energy merger partner executes MOU with Utah Office of Energy Development for Morpheus microreactor — GlobeNewswire / Newsfile, August 5, 2026

4️⃣ $CELZ (Creative Medical Technology) | 🧬 Healthcare / Biotechnology

Current Status:

Price: $0.905 (+35.32%)
Float: 3.43M
Volume: 42.86M (extreme RVOL)
Key Times: High 19:59 ET, Support test mid-session

Trading Levels:

Intraday Range: $0.67–$1.06
Key Support: $0.67 (close), $0.75 (overnight)
Entry Zones: → $0.80 / $0.85

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $1.00 | T2 $1.15 | T3 $1.30 | T4 $1.50 | T5 $1.80
Stop Loss: $0.78 (max 3–5% risk)
Trailing Stop: 10% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: BREAKOUT, MOMENTUM, MEDIUM WHALE
Volume: 42.86M shares, $40.3M dollar volume (extreme RVOL)
Indicators: RSI rising, MACD up, OBV strong, above VWAP
Pattern: Momentum continuation (intraday)
Catalyst: Continued momentum following prior FDA clearance for expanded ADAPT Phase 2 trial — company updates, recent

5️⃣ $PAVS (Paranovus Entertainment Technology) | 🚀 Consumer / E-commerce

Current Status:

Price: $6.59 (+34.26%)
Float: 0.50M
Volume: 3.94M (high RVOL)
Key Times: High 19:59 ET, Support test late AH

Trading Levels:

Intraday Range: $5.02–$7.55
Key Support: $4.91 (prior), $5.50 (overnight)
Entry Zones: → $5.80 / $6.20

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $7.50 | T2 $8.50 | T3 $10.00 | T4 $12.00 | T5 $15.00
Stop Loss: $5.50 (max 3–5% risk)
Trailing Stop: 10% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: BREAKOUT, MOMENTUM, NBREAK, Known Runner, FORM 6-K
Volume: 3.94M shares, $26.2M dollar volume (high RVOL)
Indicators: RSI elevated, MACD bullish, OBV rising, above VWAP
Pattern: Breakout from consolidation (daily)
Catalyst: Acquires Heyviva athletic wear assets for $33M — SEC filing, August 5, 2026

6️⃣ $AZI (Autozi Internet Technology) | ☁️ Technology / Internet Software

Current Status:

Price: $1.27 (+25.74%)
Float: 4.41M
Volume: 2.49M (elevated RVOL)
Key Times: High 19:59 ET, Support test AH

Trading Levels:

Intraday Range: $1.02–$1.49
Key Support: $1.01 (close), $1.10 (overnight)
Entry Zones: → $1.15 / $1.20

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $1.40 | T2 $1.60 | T3 $1.80 | T4 $2.00 | T5 $2.50
Stop Loss: $1.10 (max 3–5% risk)
Trailing Stop: 10% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: MOMENTUM, Known Runner
Volume: 2.49M shares, $3.11M dollar volume (elevated RVOL)
Indicators: RSI rising, MACD up, OBV positive, above VWAP
Pattern: Rebound continuation (intraday)
Catalyst: Recent convertible note financing and capital raises — company announcements, June–August 2026

7️⃣ $SOUN (SoundHound AI) | 🤖 Technology / AI Software

Current Status:

Price: $7.85 (+22.01%)
Float: 389.6M
Volume: 15.85M (elevated RVOL)
Key Times: High 19:59 ET, Support test post-earnings

Trading Levels:

Intraday Range: $6.43–$8.20
Key Support: $6.43 (close), $7.00 (overnight)
Entry Zones: → $7.20 / $7.50

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $8.50 | T2 $9.50 | T3 $11.00 | T4 $12.50 | T5 $14.00
Stop Loss: $6.80 (max 3–5% risk)
Trailing Stop: 8% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: MOMENTUM
Volume: 15.85M shares, $119.2M dollar volume (elevated RVOL)
Indicators: RSI rising, MACD bullish, OBV up, above VWAP
Pattern: Post-earnings breakout (daily)
Catalyst: Q2 2026 results beat with $61.9M revenue (+45% YoY) and raised guidance — company release, August 5, 2026

8️⃣ $AEVA (Aeva Technologies) | 🔋 Technology / Sensing Systems

Current Status:

Price: $23.19 (+18.26%)
Float: 36.5M
Volume: 0.22M (elevated on news)
Key Times: High 19:59 ET, Support test post-results

Trading Levels:

Intraday Range: $19.15–$23.40
Key Support: $19.61 (close), $20.50 (overnight)
Entry Zones: → $21.00 / $22.00

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $24.50 | T2 $26.00 | T3 $28.00 | T4 $30.00 | T5 $32.00
Stop Loss: $20.00 (max 3–5% risk)
Trailing Stop: 8% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: BREAKOUT, MOMENTUM
Volume: 0.22M shares, $4.80M dollar volume (elevated)
Indicators: RSI rising, MACD up, OBV positive, above VWAP
Pattern: Earnings gap continuation (daily)
Catalyst: Q2 2026 results + launch of Optical Connectivity business for AI data centers with hyperscaler agreement — company release, August 5, 2026

9️⃣ $CAI (Caris Life Sciences) | 🧬 Healthcare / Biotechnology

Current Status:

Price: $18.74 (+13.92%)
Float: 103.3M
Volume: 0.68M (elevated)
Key Times: High 19:57 ET, Support test AH

Trading Levels:

Intraday Range: $16.45–$19.70
Key Support: $16.45 (close), $17.00 (overnight)
Entry Zones: → $17.50 / $18.00

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $20.00 | T2 $22.00 | T3 $24.00 | T4 $26.00 | T5 $28.00
Stop Loss: $16.80 (max 3–5% risk)
Trailing Stop: 8% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: MOMENTUM, FORM 8-K
Volume: 0.68M shares, $12.6M dollar volume (elevated)
Indicators: RSI rising, MACD bullish, OBV up, above VWAP
Pattern: Post-earnings momentum (daily)
Catalyst: Q2 2026 financial results and increased 2026 revenue guidance — company release, August 5, 2026

🔟 $EVGO (EVgo) | 🔋 Consumer / EV Charging

Current Status:

Price: $1.64 (-5% but breakout setup)
Float: ~133M (high liquidity)
Volume: elevated on news
Key Times: Scanner hits 18:28 ET

Trading Levels:

Intraday Range: $1.50–$1.80
Key Support: $1.50 (overnight), $1.55 (consolidation)
Entry Zones: → $1.60 / $1.65

Entry Confirmation:

Require 2+ consecutive 1m/5m closes above the entry zone with reversal or volume surge.
Do NOT enter on first touch without confirmation.
Targets: T1 $1.80 | T2 $2.00 | T3 $2.25 | T4 $2.50 | T5 $3.00
Stop Loss: $1.50 (max 3–5% risk)
Trailing Stop: 10% (5–15% scaled to volatility)

Technical Confirmation:

Scanner Hits: BREAKOUT, NEWS, FORM 8-K
Volume: elevated shares, solid dollar volume
Indicators: RSI stabilizing, MACD turning, OBV mixed, near VWAP
Pattern: Breakout attempt (intraday)
Catalyst: Needham reiterates Hold; Q2 results and fast charging expansion news — company / analyst notes, August 5, 2026

Join Sowell Trading Group Today!

Unlock the full potential of your trading journey with Sowell Trading. Become a part of our vibrant community and gain access to live trading alerts, expert technical analysis, and the latest market news. Don't miss out on the opportunity to elevate your trading skills and achieve your financial goals. Click below to start your journey with us!

Get Started Now