Market Pulls in Slightly
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
December 8, 2025
11 min read
Market Action
Some more pull in today as the QQQ tests the unfilled gap. Leading themes pulled back. Watching for holds of key areas and bounces. Still see multiple names set up in ranges.
QQQ
Pulling back from the unfilled gap zone.
IWM
Forming a range just below highs
IBIT
Continues to build out this bottoming base. Potential higher low
Trends 4/4 Up – based on the QQQ
Shortest – 10 Day EMA – Above
Short-term – 21 ema – Above
Intermediate term – 50 sma – Above
Longterm – 200 sma – Up – Above Rising
Current View: Developing Uptrend
Groups/Sectors
THEME Tracker
Strong themes pulling back today. biotech, miners, oil & gas, growth
DEEPVUE LEADERS HEATMAP
Can see it here as well. Biotech, Miners, Oil & Gas down off the open
S&P hEATMAP
Most stocks down today
Leadership Stocks & Analysis
TSLA
Sharp drop and now testing the 50sma area. Needs to hold here and ideally snaps back.
GOOG
Testing the lows of this range and the 10ema
AAPL
Tightening on top of the prior pivot
META
Forming a tight range here at the 200sma
AMZN
Closing below the 50sma
INTC
Reconfirming down from the inside bar and testing the 10ema
PLTR
Tight day above the 50sma
NVDA
Slight push from the range but a fade off highs
AMD
Tight below the 21ema
VRT
Good action with an inside day off the pivot
MU
Follow through up
BE
Forming a range below this level. Testing the 21ema
LLY
Still pulling back, due for a reversal up.
AVGO
Strong action following through. A bit short term stretched
Key Moves
CVNA
Gap and go on S&P inclusion
RBRK
Strong day through the HVC level
Setups and Watchlist
BABA
Tight range here, watching for a range breakout and 21ema reclaim
DY
Watching for a range breakout
GEV
Watching for reconfirmation up the right side
REAL
Fast mover, watching for a range breakout
WGS
Watching for a range breakout
NBIS
Watching for a bottoming range breakout
AMTM
Watching for a range breakout
TXG
Watching for a range breakout or undercut and rally of the 21ema
URBN
Watching for a range breakout and follow through. KSS Same theme
CRWD
Watching for a breakout through the moving averages
EGO
Miners weak today so using this as a representative of the theme. Watching for a range breakout
GRAL
Watching for a base breakout
CRDO
Watching for follow through and a post gap U turn
FSLR
Watching for follow through higher
NET
Watching for a range breakout and 21ema reclaim
LEU
Tight day, watching for a bottoming range breakout and 21ema reclaim
HUT
Watching for a pop through the 50sma
LMND
Upside reversal, watching for follow through and an HVC breakout
Watchlist & Themes
Larger Watchlsit
BABA
DY
GEV
REAL
NBIS
WGS
AMTM
TXG
URBN
CRWD
EGO
GRAL
CRDO
NET
FSLR
LEU
HUT
LMND
TSLA
BE
AMD
NVDA
Daily Focus List
AMD
BE
LMND
GRAL
CRWD
Universe List
AAPL
ALAB
AMD
AMZN
APLD
ARM
BABA
BE
BKKT
CCJ
CLSK
CRDO
CRS
DELL
FIX
FLS
FSLR
GGAL
GOOG
GOOGL
GRAL
HOOD
HUT
INSM
INTC
LEU
LMND
MELI
META
MSFT
MU
NBIS
NET
NIO
NVDA
OPEN
PATH
PLTR
QCOM
RGTI
RKLB
RMBS
SHOP
SNDK
SNOW
SOUN
STNG
STRL
STUB
TAC
TEM
TER
TWLO
VRT
MDGL
RIVN
SEDG
TDC
VCYT
U
QLYS
NXT
DDOG
METC
TXG
ASTS
CRWD
FLY
CSIQ
RDDT
ANF
BTU
FROG
LRCX
LUMN
REAL
UPWK
VICR
SANM
INOD
GSAT
JAZZ
APPN
COLL
ESTA
SMTC
DOCN
TSLA
DY
GEV
WGS
AMTM
EGO
KSS
FLNC
CIFR
Recent Gaps
AKAM
AMD
AMGN
AMZN
ANF
APPN
BBAI
BE
CAH
COHR
CRS
DDOG
DOCN
DY
EXPE
FLS
FROG
GCT
GGAL
GH
GTX
HAE
HCC
ILMN
INTC
ISRG
LC
LMND
MEDP
NET
OPEN
PAM
PBF
PEGA
PGNY
PLNT
QCOM
QLYS
RDDT
RIVN
ROK
SANM
SITM
SLDP
TDC
TWLO
TXG
U
VCYT
VIAV
VICR
VIST
XMTR
YPF
AEO
FROG
CRDO
MDB
CRDO
AEO
PATH
Additional Thoughts
Some more pullback today as the indexes bump into the key level. Some warning shots but nothing major so far. Watching for bounces.
Strongest Leading Themes: AI Energy, Semis, Bio, Retail
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