Hindsight Markets Recaps Small-cap stocks on August 11, 2026
ELPW, August 11: $7.02 at 4:09 a.m., the $5.29 wall, and a halt at 9:45
ELPW opened up 28% and held near that level into the close.
What happened
The early spike
The day's big move came before dawn. ELPW ran from the $4.01 close to $7.02 in the 4:09 a.m. minute, up 75%.
The $5.29 wall
The morning slide met big sellers. A 51K-share ask wall at $5.39 was pulled at 6:48:14. A new one appeared at $5.29 at 6:48:38.
Stop It's 6:49. ELPW is at $5.28, down from $5.61 four minutes ago. A large ask wall has been sitting at $5.29 since 6:48. Would you buy here?
Press play: the real Level 2, tape and chart run from 6:46 a.m. and stop at 6:49 a.m. ET for your call.
Buyers ate the wall. 44K shares traded at $5.29 in 104 seconds, and it was gone at 6:51:05.
The halt and the close
The open did not hold. At 9:45:57 a volatility pause froze it at $4.77.
Stop It's 9:50. ELPW has been halted since 9:45, when it was falling and the last trade was $4.77. The halt is about to end. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 9:47 a.m. and stop at 9:50 a.m. ET for your call.
It reopened at 9:50:57 and bounced to $5.16 by 9:52.
It faded to $4.38 by 10:00 and closed at $4.95.
What to take from it: On this halt reopen, the screen price was far from what a market order paid.
Replay ELPW's day
It starts at 9:57 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:00 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The details
How it traded, step by step
Gap and hold. It gapped up 27.9% to $5.13 at the open and held near or above it, trading at $4.95 at 4:00 p.m.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:04 a.m. | First trade 20% above the previous close of $4.01 | |
| 4:09 a.m. | Pre-market high, $7.02 | |
| 4:09 a.m. | High of the day to the close, $7.02 | |
| 4:11 a.m. | Volume since 4:00 a.m. passes the whole float, 766,242 shares | |
| 9:30 a.m. | The open: $5.13, up 27.9% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.95, 29.5% below the high |
The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $4.01
- Open, 9:30 a.m.
- $5.13
- Gap at the open
- +27.9%
- Pre-market high
- $7.02 at 4:09 a.m.
- High, 4 a.m. to 4 p.m.
- $7.02 at 4:09 a.m.
- Low, 4 a.m. to 4 p.m.
- $4.00
- Close, 4 p.m.
- $4.95
- Change at 4 p.m.
- +23.4%
- After-hours high, 4 p.m. to 8 p.m.
- $5.10 at 4:53 p.m.
- Volume, 4 a.m. to 4 p.m.
- 6.43 million
- Volume after hours, 4 p.m. to 8 p.m.
- 62,432
- Relative volume by 8 p.m.
- 21.4×
- Float
- 766,242 shares, from filings as of August 11, 2026
- Shares outstanding
- 768,943
- Volume, from the one-minute bars: 5.40 million shares before the 9:30 a.m. open (83%), 398,996 in the first 30 minutes (6%), and 690,198 in the rest of the day to 8 p.m. (11%).
- Float rotation, the volume since 4 a.m. against the float of 766,242 shares: past it once at 4:11 a.m., twice at 4:29 a.m., three times at 4:59 a.m.
- Other days ELPW met the small-cap rule in our recaps: 2, the latest on October 28, 2026.
On the day's lists: the pre-market gappers, gainers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: price $2 to $20, up 10% or more, relative volume 5× or more, float under 20 million shares, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:45 a.m. | 9:50 a.m. | 5 min 0 s | down 12.6% | $4.77, unchanged | up 4.4% | LULD pause (limit up-limit down) |
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
Trade this day
Replay ELPW on August 11, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.