The momentum hasn’t stopped—and neither has the opportunity. Here are four more extended names that hit the scanner, all flashing warning signs of exhaustion and potential reversal.
🔻 1. PL – Planet Labs
- Spike: +45% gap and dump
- Volume: Massive and unsustainable
- Watch Zone: $6.00–$6.70
- Plan: Already rejected hard. If it bounces into $6.20–$6.40, watch for weakness to re-enter short. Overextended and gapped into prior supply.
🔻 2. OMI – Owens & Minor
- Spike: +14.26%
- Wick: Long upper wick signals failed breakout
- Watch Zone: $7.70–$8.50
- Plan: If it can’t reclaim $8.00+ early, weakness into the close could offer a first red day short.
🔻 3. APPS – Digital Turbine
- Spike: +13.09%
- Volume: Highest since April
- Watch Zone: $5.20–$5.40
- Plan: Failed breakout from consolidation. Stuff candle or intraday lower high could confirm short entry.
🔻 4. MOMO – Hello Group Inc.
- Spike: +12.96%
- Setup: Huge candle with a gap into supply
- Watch Zone: $7.00–$7.30
- Plan: If this gaps up tomorrow and stuffs, watch for backside confirmation with risk over $7.50.
Reminder for Traders: Wait for confirmation. Volume fades, stuff candles, or midday trend shifts offer the highest probability short entries. Anticipation leads to pain—let the setup come to you.