NVDA Breakout on OpenAI News – New Highs
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
September 22, 2025
Market Action
QQQ – We continue to trend strongly higher. A pause would be constructive. We are up most of the last 15 days. Mentally prepared for some consolidation/chop. Breakouts continue to work.
Bulls want to see continued progress above the MAs or constructive tightening/range building
Bears want to see a sharp break lower closing at lows
Daily Chart of the QQQ.
IWM – Strong upside reversal off the 10ema
IBIT – Follow through lower. Relative weakness.
Trends (4/4 Up) – Based on the QQQ
Shortest – 10 Day EMA – Above
Short-term – 21 ema – Above
Intermediate term – 50 sma – Above Rising
Longterm – 200 sma – Up – Above Rising
Groups/Sectors
Deepvue Theme Tracker
Deepvue Leaders
S&P 500.
Leadership Stocks & Analysis
TSLA – Tried to push from the flag. Fade off highs. Some wedging action. expecting to hold above the 10ema
AAPL Strong expansion higher. Approaching all time highs around 260
PLTR Inside day
NVDA Range breakout! Closing right near highs. Investment & Partnership with OpenAI announced today
META Follow through down.
HOOD Trending above the MAs
RDDT Tight day in the bottom part of yesterday’s bar. Expecting expansion tomorrow
ALAB Inside day on the 10ema.
MSFT inside day
Key Moves
TGTX Range breakout
NBIS follow through higher
CRWV range breakout and outside day. Undercut and rally of the pivot
Setups and Watchlist
WGS watching for a range breakout.
CLS watching for a range breakout
FIG watching for a pop through the pivot and 21ema
MDB 2 tight days. Watching for a range breakout
MP watching for a consolidation breakout
DQ watching for the range breakout. SEDG strong action
Today’s Watchlist in List form
Focus List Names
WGS CLS FIG MDB MP DQ ALAB
Focus:
MP DQ FIG
Themes
Strongest Themes: AI, Metals/Miners, Software, Energy, Crypto Miners
Market Thoughts & Focus
Continued strong action. Strong trend and period. Mentally aware we’ve been up many days in a row. Ready for some pullback when it comes. Riding the wave
Anything can happen, Day by Day – Managing risk along the way
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