Kevin Xu has rotated out of RCAT at $11.61 to buy RCAX (a 2x leveraged version) at $7.81, anticipating a "high risk bounce play" over the next week. He identifies a price floor for RCAT at $11.00 and expects positive catalysts from "Drone Dominance Phase 2" qualifier results within the week. His current portfolio shows a 100% concentration in 7,020 shares of RCAX, while his watchlist includes SPY, QQQ, NVDA, IREN, GOOG, and AMD.