Select Page

📈 PREMARKET WATCHLIST – September 3, 2026

Published on: September 2, 2026

Market Overview

Wednesday’s regular session closed with a clear split between true continuation names and thin IEX prints. $GPRO was the session’s defining runner after the Starman Optical merger/AI-pivot headlines, exploding more than +37% on consolidated volume above 230M shares and still bidding in after-hours. Fresh catalysts also supported $SLS (AACR pancreatic posters), $MMED (Q1 beat, CE Mark, raised FY growth guide), $WRAP (BolaWrap POST-doctrine news), $SRAD (Wolfe Outperform initiation), and $EBS (BARDA CYFENDUS add-on). Those names held green versus the open and are the only ones that satisfy the post-open continuation filter with usable size.

Liquidity collapsed quickly below that group. $LABT, $BMRA, $SBFM, and $CANG printed on IEX size that is not tradeable for size, and $CANG finished red versus the open after the Q2 mining-impairment print. Premarket Thursday should focus on whether $GPRO can hold the $1.78–$1.80 AH base, whether $SLS/$MMED/$WRAP/$SRAD reopen green with sustained RVOL, and whether any of the micro-float names actually attract consolidated volume instead of another IEX-only print.

1️⃣ $GPRO (GoPro, Inc.) | 📷 Technology / Consumer Electronics

Current Status:

  • Price: $1.790 (+46.72% | AH +5.92%)
  • Float: 139.3M
  • Volume: 232.3M consolidated / 3.38M IEX (1,340% RVOL vs ~17.3M avg)
  • Key Times: High 15:52 ET, Support test 11:18 ET

Trading Levels:

  • Intraday Range: $1.220–$1.820
  • Key Support: $1.690 (close), $1.230 (prior close / gap shelf)
  • Entry Zones: → $1.784 / $1.796

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 $1.987 | T2 $2.130 | T3 $2.280 | T4 $2.450 | T5 $3.045
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: Earn, Breakout, AH continuation, high dollar volume
  • Volume: 232.3M shares, $392.6M dollar volume (1,340% RVOL)
  • Indicators: RSI 78, MACD bullish expanding, OBV rising, holding above VWAP and the $1.69 close
  • Pattern: Momentum breakout / FGI-style continuation (daily + 15m)
  • Catalyst: Definitive merger agreement with Starman Optical and AI/data-center pivot — company filings and press, September 1–2, 2026


2️⃣ $SLS (SELLAS Life Sciences Group, Inc.) | 🧬 Healthcare / Biotechnology

Current Status:

  • Price: $14.14 (+6.48%)
  • Float: 94.8M
  • Volume: 184.3K IEX (elevated vs quiet tape; watch consolidated open)
  • Key Times: High 14:41 ET, Support test 10:22 ET

Trading Levels:

  • Intraday Range: $13.22–$14.28
  • Key Support: $13.80 (VWAP zone), $13.28 (open/hold)
  • Entry Zones: → $14.09 / $14.19

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 $15.70 | T2 $16.83 | T3 $17.50 | T4 $18.40 | T5 $19.25
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: Pending catalyst, Double Top break attempt
  • Volume: 184.3K IEX shares, $2.61M dollar volume (need full tape confirmation)
  • Indicators: RSI 64, MACD turning up, OBV firm, above session VWAP
  • Pattern: Double-top resolution / news grind (15m–60m)
  • Catalyst: Preclinical SLS009 (tambiciclib) PDAC posters accepted for 2026 AACR Pancreatic Cancer conference — company PR, September 2, 2026; REGAL 80th-event watch still live


3️⃣ $MMED (MiniMed Group, Inc.) | 🩺 Healthcare / Medical Devices

Current Status:

  • Price: $23.73 (+4.26%)
  • Float: 248.6M
  • Volume: 297.4K IEX (constructive for a mid-cap tape)
  • Key Times: High 13:08 ET, Support test 10:05 ET

Trading Levels:

  • Intraday Range: $22.40–$24.05
  • Key Support: $23.10 (intraday shelf), $22.42 (prior close area)
  • Entry Zones: → $23.65 / $23.81

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 $26.34 | T2 $28.24 | T3 $29.50 | T4 $31.00 | T5 $32.50
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: News, Breakout, earnings continuation
  • Volume: 297.4K IEX shares, $7.06M dollar volume
  • Indicators: RSI 61, MACD positive, OBV rising, holding above VWAP
  • Pattern: Post-earnings breakout / trend continuation (daily)
  • Catalyst: Q1 FY27 sales $843M (+17%), CE Mark for MiniMed Flex, FDA Fit submission, FY organic growth raised to 10.5% — company PR, September 1, 2026


4️⃣ $WRAP (Wrap Technologies, Inc.) | 🛡️ Industrials / Security & Protection Services

Current Status:

  • Price: $1.690 (+4.00%)
  • Float: 41.6M
  • Volume: 34.3K IEX (light; needs a real open print)
  • Key Times: High 14:16 ET, Support test 11:02 ET

Trading Levels:

  • Intraday Range: $1.610–$1.725
  • Key Support: $1.640 (VWAP), $1.580 (prior demand)
  • Entry Zones: → $1.684 / $1.696

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 $1.876 | T2 $2.011 | T3 $2.150 | T4 $2.320 | T5 $2.550
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: News, Pullback-to-bid
  • Volume: 34.3K IEX shares, $0.06M dollar volume (liquidity filter ON)
  • Indicators: RSI 58, MACD flat-to-up, OBV stable, above VWAP
  • Pattern: News pullback / higher-low grind (15m)
  • Catalyst: New BolaWrap 150 de-escalation doctrine submitted toward California POST certification; follows ATF non-firearm ruling and WrapShield C-UAS expansion — company PR, September 2, 2026


5️⃣ $SRAD (Sportradar Group AG) | 🎯 Communication Services / Entertainment

Current Status:

  • Price: $12.92 (+4.24%)
  • Float: 207.4M
  • Volume: 117.0K IEX
  • Key Times: High 15:11 ET, Support test 10:47 ET

Trading Levels:

  • Intraday Range: $12.38–$13.05
  • Key Support: $12.55 (intraday), $12.30 (open shelf)
  • Entry Zones: → $12.87 / $12.97

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 $14.34 | T2 $15.37 | T3 $16.25 | T4 $18.00 | T5 $22.00
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: Analyst, Double Top reclaim
  • Volume: 117.0K IEX shares, $1.51M dollar volume
  • Indicators: RSI 57, MACD curling up off lows, OBV improving, above VWAP
  • Pattern: Analyst-driven bounce off compressed base (daily)
  • Catalyst: Wolfe Research initiates Outperform with $22 PT — September 2, 2026; prediction-market partnerships (Kalshi/Polymarket) remain the medium-term tape driver


6️⃣ $EBS (Emergent BioSolutions Inc.) | 💉 Healthcare / Drug Manufacturers—Specialty & Generic

Current Status:

  • Price: $6.465 (+3.27%)
  • Float: 52.8M
  • Volume: 42.4K IEX
  • Key Times: High 14:03 ET, Support test 11:36 ET

Trading Levels:

  • Intraday Range: $6.210–$6.540
  • Key Support: $6.320 (VWAP), $6.180 (prior demand)
  • Entry Zones: → $6.442 / $6.488

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 $7.176 | T2 $7.693 | T3 $8.25 | T4 $9.10 | T5 $10.25
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: News, Bull Flag
  • Volume: 42.4K IEX shares, $0.27M dollar volume
  • Indicators: RSI 55, MACD mildly positive, OBV flat-up, above VWAP
  • Pattern: Bull flag off government-contract bounce (60m)
  • Catalyst: BARDA contract modification ~$24M for CYFENDUS anthrax vaccine — company 8-K/PR, September 1, 2026 (follows June $52.7M ACAM2000 add-on)


7️⃣ $SBFM (Sunshine Biopharma Inc.) | 💊 Healthcare / Drug Manufacturers—Specialty & Generic

Current Status:

  • Price: $1.180 (+3.51%)
  • Float: 4.8M
  • Volume: 4.1K IEX (too thin for size)
  • Key Times: High 12:19 ET, Support test 10:58 ET

Trading Levels:

  • Intraday Range: $1.130–$1.205
  • Key Support: $1.150 (intraday), $1.120 (prior close zone)
  • Entry Zones: → $1.176 / $1.184

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 $1.310 | T2 $1.404 | T3 $1.520 | T4 $1.680 | T5 $1.850
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: PR, Pullback
  • Volume: 4.1K IEX shares, $0.005M dollar volume
  • Indicators: RSI 54, MACD neutral, OBV flat, marginally above VWAP
  • Pattern: Low-volume pullback (avoid without consolidated surge)
  • Catalyst: Health Canada approval of Atenolol generics (Aug 31, 2026) plus K1.1 mRNA in-vivo tumor-suppression / lung-cancer vaccine strategy update — company PRs, August 26–31, 2026


8️⃣ $LABT (Lakewood-Amedex Biotherapeutics, Inc.) | 🧪 Healthcare / Biotechnology

Current Status:

  • Price: $2.750 (+2.61%)
  • Float: 2.1M
  • Volume: 11.7K IEX (micro-float, poor depth)
  • Key Times: High 13:44 ET, Support test 11:09 ET

Trading Levels:

  • Intraday Range: $2.660–$2.790
  • Key Support: $2.700, $2.620
  • Entry Zones: → $2.740 / $2.760

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 $3.053 | T2 $3.273 | T3 $3.550 | T4 $3.900 | T5 $4.250
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: News, Breakout
  • Volume: 11.7K IEX shares, $0.03M dollar volume
  • Indicators: RSI 56, MACD flat, OBV thin, above VWAP on noise
  • Pattern: Low-liquidity breakout (only valid if RVOL explodes at the open)
  • Catalyst: Nu-3 Phase 2a iDFU prep and Zacks coverage update on Bisphosphocin platform — company/Zacks notes, August 25–26, 2026


9️⃣ $BMRA (Biomerica, Inc.) | 🔬 Healthcare / Diagnostics & Research

Current Status:

  • Price: $2.200 (+2.09%)
  • Float: 2.9M
  • Volume: 1.1K IEX (untradeable unless the open multiplies size)
  • Key Times: High 12:51 ET, Support test 10:33 ET

Trading Levels:

  • Intraday Range: $2.140–$2.230
  • Key Support: $2.160, $2.090
  • Entry Zones: → $2.192 / $2.208

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 $2.442 | T2 $2.618 | T3 $2.800 | T4 $3.000 | T5 $3.210
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: Earn, Trend Continuation
  • Volume: 1.1K IEX shares, $0.002M dollar volume
  • Indicators: RSI 53, MACD neutral, OBV meaningless on this size, above VWAP
  • Pattern: Illiquid post-earnings drift
  • Catalyst: FY2026 results, 100% of initial valid inFoods IBS Medicare claims paid at $300 CMS rate, $2.23M financing, B. Riley strategic-review mandate — company PR, September 1, 2026


🔟 $CANG (Cango Inc.) | ₿ Financials / Capital Markets

Current Status:

  • Price: $1.920 (-2.29%)
  • Float: 18.6M
  • Volume: 967 IEX (failed continuation / no tape)
  • Key Times: High 09:42 ET, Support test 13:27 ET

Trading Levels:

  • Intraday Range: $1.880–$2.040
  • Key Support: $1.900, $1.850
  • Entry Zones: → $1.913 / $1.927

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 $2.131 | T2 $2.285 | T3 $2.450 | T4 $2.700 | T5 $3.000
  • Initial Stop Loss: Place a hard stop 3–5% below entry (maximum risk). Prefer structure whenever possible (low of the entry candle, most recent swing low, or key support). This distance is designed so that a hard dump triggers an exit while still protecting approximately 95–97% of the original capital.
  • Trailing Stop (volatility-adjusted):
    • High-volatility / high-RVOL runners (strong bullish sentiment, heavy volume, wide daily range, FGI-style continuation): Use a wider trail of 8–12% or approximately 2.5×–3.5× ATR. Give the stock room to breathe so you are not shaken out of a true runner.
    • Medium-volatility / orderly grinders: 5–8% or 1.5×–2.5× ATR.
    • Lower-volatility or slower names: 3–5% or 1×–1.5× ATR. Tighten the leash so profits are locked in before the move stalls.

    Once price is extended, prefer trailing under the most recent higher low or under VWAP rather than a pure percentage. Never widen the trailing stop — only tighten it as the trade moves in your favor.

Technical Confirmation:

  • Scanner Hits: Earn, Pullback — rejected on continuation filter (red vs open)
  • Volume: 967 IEX shares, $0.002M dollar volume
  • Indicators: RSI 46, MACD negative, OBV rolling over, lost VWAP
  • Pattern: Post-earnings distribution / lower-high fade
  • Catalyst: Q2 2026 results — $50.8M revenue, $81.6M net loss on mining impairments; AI/EcoHash commercialization started after quarter-end — earnings call, August 31, 2026
Category

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!