TSLA Pullback into the 21ema
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
October 4, 2025
Market Action
QQQ – This past week we progressed off the 10ema and brok out of the short consolidation. However on Friday we pulled in and tested the pivot. Overall we continue to trend above the moving averages. We are about 5 weeks weeks into the current uptrend.
Bulls want to see a continued trend higher/constructive range sideways
Bears want to see a sharp drop lower testing the 10ema
Daily Chart of the QQQ.
IWM – Fade to end a good week which pushed off the 10ema
IBIT – Continued expansion. This has been a very strong move. Expecting it to continue to trend although it may need to consolidate a bit first.
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
TSLA Sharp pullback to the 21ema to end the week. Decent bounce friday. Ideally sets up a price shelf here and tightens again above the 21ema
AAPL Trying to push out of this price shelf to end the week
PLTR Sharp pullback on some news to end the week. Certainly something to take note of as this later in this stocks longer term trend.
NVDA Base breakout on tuesday. Not too much follow through but holding above the pivot and 10ema. Ideally reconfirms higher and begins a trend. A base breakout failure would be a negative sign for the AI theme
META Weak, trending below the moving averages.
HOOD Strong action monday and continuing to trend above the MAs
RDDT Some news impacts on it’s influence within the AI theme last week. Unfilled gap down, below the moving average. In a short term downtrend currently
ALAB Good action off the 50sma. Downside reversal friday to end the week at the 21ema
MSFT Tight day friday at the pivot. Expecting expansion this week
Key Moves
OSCR range breakout friday. In a larger base going back to May 2024
TARS reconfirmation
RKLB following through
Setups and Watchlist
AMSC watching for a range re-breakout
B mining theme. Watching for a range breakout. Swing trade setup
CRWV watching for a range re-breakout through the pivot
SHC watching for a range breakout
BETR fade friday back to the pivot, watching for follow through up. Extremely fast mover
LYFT watching for a range breakout
BLSH watching for follow through higher/push off the prior pivot.
CRWD watching for a range breakout. Pull into the 10ema friday
Today’s Watchlist in List form
Focus List Names
AMSC B CRWV SHC BETR LYFT BLSH CRWD ALAB TSLA
Focus:
B ALAB TSLA
Themes
Strongest Themes: AI, Crypto, Nuclear, Semis, Miners, Rare Earth
Market Thoughts & Focus
Not very impressed going through my screens. Not too many tight pivots or stocks that look ready. Many trending but have moved far the past 2 weeks. Planning to be more patient early next week.
Anything can happen, Day by Day – Managing risk along the way
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