Expansion Down from the Range

Richard Moglen
Richard Moglen

Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue

November 13, 2025
9 min read
Market Trend Status
Trend: 2 of 4 DOWN
✗ 10 EMA ✗ 21 EMA ✓ 50 SMA ✓ 200 SMA

Market Action

Today we followed through lower and broke below the recent range and 21ema as the government shutdown ends. Market leadership as well broke lower. Feedback recently has been a tell that this is a choppy environment. Overall we are in a consolidation/choppy period since Oct 29.

Remember what the environment looks like when you make money easily.

QQQ
Expansion down from the range and below the 21, Testing the 50sma
QQQ chart
IWM
Follow through down, below the moving averages
IWM chart
IBIT
Continued sell off as we break the prior lows. Now we are looking for the next possible reversal extension
IBIT chart

Trends 2/4 Up – based on the QQQ

Shortest – 10 Day EMA –   Below
Short-term – 21 ema – Below
Intermediate term – 50 sma – Above Rising
Longterm – 200 sma – Up – Above Rising

Groups/Sectors

THEME TRACKER
Growth stocks in particular down off the open
THEME TRACKER
Deepvue Leaders Heatmap
Most down significantly from the open
Deepvue Leaders Heatmap
S&P Heatmap
Growth themes hit hardest
S&P Heatmap
POst Market Movers
Not much of interest
POst Market Movers

Leadership Stocks & Analysis

TSLA
Sharp expansion lower through the 50sma and prior base lows. Below the MAs.
TSLA chart
AAPL
Holding up above the MAs. Funds hiding?
AAPL chart
AMZN
Expansion down into the base pivot. Key level of potential support here
AMZN chart
META
still below the MAs. above the prior low
META chart
GOOG
failed range breakout, trending above the 21ema
GOOG chart
NVDA
tested the base pivot. Earnings upcoming
NVDA chart
AMD
Holding up better than most semis
AMD chart
PLTR
Follow through lower. Has the late stage base look
PLTR chart
INTC
Break lower from the tight range
INTC chart
MU
Still trending. a break below the 10ema would be a change in character
MU chart
VRT
Below the 21ema. Testing the 50sma
VRT chart
BE
Sharp break lower below the range
BE chart

Key Moves

FLNC
More speculative/fast movers hit hard
FLNC chart

Setups and Watchlist

FLS
Did break below the HVC but still one to have on the watchlist. Watching for a reclaim of that level
FLS chart
GRAL
Watching for a range breakdown below the 21ema
GRAL chart
OPEN
Watching for a range breakdown below the inside day
OPEN chart
BTU
Watching for a range breakdown
BTU chart

Watchlist & Themes

Daily Watchlist

FLSG GRAL OPEN BTU AMD

Daily Focus List

N/A

Universe List

AAPL ALAB AMD AMZN APLD ARM ASTS BABA BE BKKT CCJ CLSK CRDO CRS DDOG DELL FIX FLS FSLR GGAL GOOG GOOGL GRAL HOOD HUT INSM INTC LEU LMND MDGL MELI META METC MSFT MU NBIS NET NIO NVDA NXT OPEN PATH PLTR QCOM QLYS RGTI RIVN RKLB RMBS SEDG SHOP SNDK SNOW SOUN STNG STRL STUB TAC TDC TEM TER TWLO TXG U VCYT VRT

Recent Gaps

AKAM AMD AMGN AMZN APPN BBAI BE CAH COHR CRS DDOG DOCN 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

Additional Thoughts

You’ll notice I have some short setups on the watchlist today. I’m using this for feedback only, I am not planning on trading these. I’m expecting volatility to stay higher with more gaps both ways.

As we get choppier here my plan is to step back and wait until the environment is better and stocks are setting back up.

Recent Trade Lab Reports

  • xnapper 2025 12 19 16.43.14.png

    Reclaim of the Level to End the Week. Space Theme in Focus
    December 19, 2025
    14 min read

  • Gap Up and Hold. Choppy Action
    December 18, 2025
    14 min read
  • xnapper 2025 12 17 17.58.45.png

    Re-confirmation Down. TSLA GEV Reversals
    December 17, 2025
    13 min read

  • TSLA Breaks Out – Key Upside Reversal Day
    December 16, 2025
    14 min read
TraderLion Footer