Gap Down, Attempted Reversals Up
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
December 29, 2025
15 min read
Market Action
Gap down but constructive action off the open for the most part. TSLA and PLTR still under Pressure. AMZN LLY MSFT still coiled. Semis can look to follow through up.
For many names today’s lows are key to hold otherwise constructive pullbacks turns into more negative action.
QQQ holding the 10ema
QQQ
Gap down, Recovery before a fade and decent close. Overall feels like normal pullback so far above the MAs but don't like the unfilled gap. Today's low is key.
IWM
Fade off highs, sitting on the 21ema
IBIT
Inside day in the range. Close near lows. Still stuck below the declining 21ema
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
Deepvue Theme Tracker
Miners pulling in
Deepvue LEaders Heatmap
Good moves off the open for semis
S&P heatmap
Leadership Stocks & Analysis
TSLA
Follow through lower below the base pivot. Not a good look unless we get a snap back
GOOG
Holding the 10ema
AAPL
Squeezed between the 21ema and 50sma in this range. Expecting expansion
AMZN
Still in no mans land with all the moving averages compressed. Slight gap down
AMZN
Stronger than META, in this range above coiled moving averages
INTC
Nice action after the tight day. Expecting a pause at the declining MAs
PLTR
Follow through lower, not a great look with TSLA
NVDA
Upside reversal off the 50sma. Starting to build out a range here. Gap down
MU
Awesome bar. Oops reversal. Trending
BE
Fade off highs. Still belwo the MAs. Want to see today's low area hold
LLY
Very compressed. Expecting expansion
AVGO
Building out a range. Upside reversal. Below the MAs
FSLR
Big fade off highs on the range re-breakout attempt
MSFT
Building out this range on the 21ema low in the base. Expecting expansion
Key Moves
NAVN
Strong Oops reversal for this recent IPO
RDDT
Strong push off the 21ema
PL
Still acting well since the pos ex breaker, strong oops reversal off the 10e3ma area
PAAS
Miners all have a similar look. Gap down. For them the lows are key to hold
Setups and Watchlist
PATH
Watching for follow through up. Choppy currently but potential Stage 2 developing.
GEV
In a tight range, watching for a range breakout. Today's low is key to hold or setup invalidated.
TTAN
Watching for a consolidation breakout.
WVE
Tight day. Watching for a range breakout. GLP-1 Theme
PEGA
Watching for a range breakout
COMP
Watching for a range breakout
DOCN
Watching for a range breakout
AMD
Watching for a range breakout
FROG
Watching for a flag breakout
ACMR
Watching for a range breakout
TER
Watching for a range breakout
BBNX
Fast mover. Watching for a consolidation breakout
RGEN
Watching for a range breakout
ALAB
Watching for a range breakout and follow through
Watchlist & Themes
Larger Watchlist
PATH
GEV
TTAN
WVE
PEGA
COMP
DOCN
AMD
FROG
ACMR
TER
BBNX
RGEN
LLY
AMZN
ALAB
Daily Focus List
AMD
WVE
COMP
LLY
ALAB
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
AEIS
BKV
LSCC
EOSE
PL
TVTX
PARR
SEI
LLY
HCC
CLS
TTAN
HOUS
RGEN
MDB
GEMI
YOU
HNGE
TARS
COCO
GH
NTRA
LLY
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
PL
PLAB
MSOS
TLRY
PL
MU
Additional Thoughts
Today’s lows are key to hold on names. Want to see support after the gap down, ideally snapbacks.
