Positive Expectation Breaker – TSLA Earnings
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
April 22, 2025
[kt_reading_time]
Market Action
QQQ – Strong action on hints of more trade deals. Gap up and follow through although pausing at the 10ema. We are still below the moving averages.
The short term expectation based on today’s close is sideways or up. Continuing to expect volatility, risk is increased of news catalysts.
Bulls want to follow through higher breaking above the 10 and 21 emas.
Bears want to see us reverse down and fill today’s gap up
Daily Chart of the QQQ.
IWM – Similar action, forming a sideways range the past 5 days
IBIT – Crypto continues to stand out
Trends (0/4 Up) – Based on the QQQ
Shortest – 10 Day EMA – Below declining
Short-term – 21 ema – Below declining
Intermediate term – 50 sma – Below declining
Longterm – 200 sma – Up – Below Increasing
Groups/Sectors
Performance Today from open on the Left, Performance over the past 20 days on the right.
Performance Charts from Deepvue
Prebuilt Deepvue Theme Tracker
Deepvue Leaders Heatmap
S&P 500.
Heatmap from Deepvue
Group Ranks: 1 Day, 1 Week, 1 Month, 3 Month from left to right. This is a preset for Deepvue Members
Leaders and Key Moves
Important Note: Many of these “leaders” are leading to the downside. Still they provide a good gauge of market environment. As new leaders reveal themselves I will curate this list.
NVDA Gap up and hold, although below all the moving averages
TSLA fill ed the recent gap, Gapping up on earnings to the 21ema despite a “negative” report
META Positive expectation breaker, below all the MAs
PLTR Inside day, pivot set now at highs. Top Focus on continued strength
MSTR Strong gap and go
CRWD Tight action at the 21ema, the 50 sma can be a pivot above
TGTX inside day, next move direction tbd
Stocks Setting Up / Showing RS
UBER gap and hold, pivot at highs watching for a push through
HOOD fade off highs. Watching if it can build and pop through the 50
AEM and mining names sold off the open. On watch for more weakness
TEM pop higher but still below the 21ema
NFLX gap and go move, some fade off highs
SDGR watching for a breakout
RBRK watching for a range breakout
Today’s Watchlist in List form
Key Names
NVDA, TSLA, META, PLTR, MSTR, CRWD, TGTX
Themes and Leaders
Strongest Themes: BTC, Miners, Cyber?
Market Thoughts & Focus
We got the quick rally up with a positive expectation breaker. Now we see if there is follow through. TSLA gap up on earnings could spark that.
Focus tomorrow is on TSLA for Gap and go and PLTR for a range breakout
Anything can happen, Day by Day – Managing risk along the way