Testing the Resistance Area. Choppy
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
Published: January 26, 2026
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Market Action
Despite the QQQ follow through the market remains choppy. APLD and similar names reversed after promising moves. Hopefully earnings can kick things into gear and we can get some meaningful trends.
QQQ
Testing the Unfilled gap area again. Key spot
IWM
Pullback to the 10ema. Big fade off highs
IBIT
Break lower below the range
Groups/Sectors
Deepvue Theme Tracker
Bitcoin Miner Reversals
DV Leaders Heatmap
Significant weakness in miners
S&P Heatmap
Leadership Stocks & Analysis
TSLA
Reversal down
GOOG
Good action off the pivot
AAPL
Pop higher. Into the prior range low area
AMZN
Rallying into a key level + 200sma
AMZN
Consolidation day at the key level
INTC
Follow through lower
PLTR
Inside day but fade off the 10ema
NVDA
Fade off the level
MU
Trending. Slight follow through lower
BE
No follow through up just yet.
LLY
Upside reversal and undercut and rally at the 50
MSFT
Overall a consolidation day at the key level
RKLB
Follow through lower after the fade
SNDK
Trending, pulling into the 10ema area.
Key Moves
DOCN
Nice gap and go. Some fade off highs
SLV
Exhaustion reversal?
Setups and Watchlist
CRK
Watching for follow through up
SN
Watching for a range breakout
TTMI
Watching for a flag breakout. Break below the 10ema cancels the pullback setup
NAVN
Watching for a range breakout
CHYM
Watching for follow through up
Watchlist & Themes
Larger Watchlist
BE
CRK
SN
TTMI
NAVN
CHYM
Focus List
BE
CHYM
Universe List – Currently updating. Will share this tomorrow
Additional Thoughts
Negative feedback from the watchlist for the most part. A lot of choppy action. Reversals.