
Another Gap Down and Strong Close
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
February 3, 2025
Groups/Sectors
Performance Today from open on the Left, Performance over the past 20 days on the right.

Performance Charts from Deepvue
Deepvue Leaders Heatmap

S&P 500

Group Ranks: 1 Day, 1 Week, 1 Month, 3 Month from left to right. This is now a preset for Deepvue Members

Post Market Action. PLTR TEM

Leaders and Key Moves
NVDA still suspect with another gap down, low was 26% off highs.

TSLA Gap down to the base lows, decent close, watching for follow through up.

RDDT Strong action off the gap down. Watching for follow through up through today’s high

PLTR strong gap on earnings. Strong Trend and emerging from a new base. This is a later gap in the trend

CRWD strong oops reversal back to the all time high level

ALAB Today’s low is a higher low, watching for the development of the right side of the base

MSTR strong upside reversal, watching for follow through

TWLO Oops Reversal, watching for follow through or a range against the 10ema area

TEM strong oops and up further after hours on earnings

Stocks Setting Up / Holding Up
NFLX watching for a follow through up from this flag

DUOL watching for follow through up. Ideally puts in an inside day

ARM watching for a push through this level. Lower quality due to the recent gap down

CRWD watching for follow though up and ATH breakout

ESTC watching for flag breakout

SOUN watching for follow through up. Low range breakout

RKLB watching for follow through up

SNOW watching for follow through up

GH watching for follow through up

LUNR swing trade idea watching for follow through up

CAVA with food theme strong, ideally this flags out more but watching for follow through up

MGNI watching for follow through up, fast mover

APP watching for follow through up. Later stage base but leading theme

MSTR watching for follow through up and 21ema reclaim
Themes and Leaders
Key Themes: Software, Cyber, AI, Semis
Strongest names in software – PLTR SNOW SHOP GTLB ESTC NET CRWD ASAN PLTR TWLO APP
These names have the top RS, growth stories
RDDT ONON CRWD TSLA HOOD COIN
Market Thoughts & Focus
Very strong reaction up after the open with software leading again. PLTR up after hours will be a good gauge tomorrow. Software leading.
This is going to be a news catalyst impacted market for the next year/four.
Anything can happen, Day by Day – Managing risk along the way


