COIN Breakout, Good Action after Fed Nothingburger
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
June 18, 2025
Market Action
QQQ – low volume pullback currently as it consolidates. I like how growth names are acting as the QQQ treads water
Bulls want to see us push higher
Bears want us to reverse lower and test the 21ema
Daily Chart of the QQQ.
IWM – forming a range at the 21ema
IBIT – Fade after testing the 21 from the under-side. Looks a bit vulnerable unless it can reverse up
Trends (4/4 Up) – Based on the QQQ
Shortest – 10 Day EMA – Above Rising
Short-term – 21 ema – Above Rising
Intermediate term – 50 sma – Above Rising
Longterm – 200 sma – Up – Above Rising
Groups/Sectors
Deepvue Theme Tracker
Deepvue Leaders Heatmap
S&P 500.
Leadership
TSLA forming a range here
PLTR tightening, inside day
NVDA good action, needs to push higher now
META low volume pullback
HOOD strong action today, trending
MSTR testing the 50sma, needs to hold
CRWD inside day
HIMS upside reversal, chopping a bit
Key Moves
CRCL strong expansion from this volatile recent IPO
COIN strong breakout on the news catalyst and push from the inside day
GRAL strong flag breakout
ALAB coming alive
Setups and Watchlist
AVGO watching for a range breakout
GEV watching for a range breakout
VEEV watching for a range breakout
NRG watching for a range breakout
SAIL watching for a post gap range breakout
PAAS watching for a range breakout and expansion
OS watching for a rage breakout
TEM watching for re-breakout
AS watching for a range breakout off the 21ema
Today’s Watchlist in List form
Key Names
NVDA, TSLA, META, PLTR, MSTR, CRWD UBER HOOD HIMS
AVGO, GEV, VEEV, NRG, SAIL, PAAS, OS, TEM, AS
Focus:
SNOW HIMS HOOD COIN
Themes and Leaders
Strongest Themes: BTC, Miners, Software, Cyber, Nuclear Power
Market Thoughts & Focus
Good action today despite the QQQ continuing to pullback.
Anything can happen, Day by Day – Managing risk along the way
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