Gap up above the 50 and 200 SMA

Richard Moglen
Richard Moglen

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

April 8, 2026

[kt_reading_time]

Market Trend Status
Trend: 4 of 4 UP
✓ 10 EMA ✓ 21 EMA ✓ 50 SMA ✓ 200 SMA

Market Action

Large gap ups on the Iran news. How how do we hold from here. Semi’s theme standing out INTC MRVL TER etc.

Not seeing as many primed setups today after all that expansion. Likely we need a few days to set up the next lower risk spots if they develop.

If we do pullback more over the next few days look for the stocks that hold key levels, MAs and act the best.

Mega caps still look weak, GOOG the best. I updated the leaders list and universe list below.

QQQ
Strong gap. Decent close. Net new highs showing
QQQ chart
IWM
Gap up above the MAs
IWM chart
IBIT
Gap up but fade back to the level and 50sma
IBIT chart
USO
Gap down but rally. The best sign for the market would be for this to lose today's low and reconfirm down.
USO chart

Current View: Developing Uptrend.

Groups/Sectors

Theme Tracker
Theme Tracker
RAnkS
RAnkS
Deepvue lEaders Heatmap
Deepvue lEaders Heatmap
S&P Heatmap
S&P Heatmap

Leadership Stocks & Analysis

TSLA
Weak after the gap. Still in a downtrend
TSLA chart
META
Above the level and 21
META chart
MSFT
Complete fade of the gap
MSFT chart
AAPL
Slight push higher
AAPL chart
GOOG
Strongest of the megas. Some fade after the gap
GOOG chart
AMZN
Fade at the 200.
AMZN chart
NVDA
Gap up. Fade and testing the 200
NVDA chart
SNDK
Gap up. trending
SNDK chart
MU
Gap up.
MU chart
BE
Gap up but not super strong action at the 50 area
BE chart
PL
slight push higher
PL chart
XOM
Gap down, bounce at the 50
XOM chart
GEV
Gap up. Fade
GEV chart
LITE
trending
LITE chart
AAOI
Consolidation breakout
AAOI chart
FSLY
Trending
FSLY chart
DOCN
Downside reversal
DOCN chart
AA
Upside reversal. Trending
AA chart
GLW
Slight breakout
GLW chart
INTC
Powerful breakout
INTC chart
MRVL
Trending. Moving towards highs
MRVL chart
TER
New highs. Base Breakout
TER chart
TSEM
Trending. Powerful
TSEM chart
VIAV
Trending
VIAV chart
NBIS
Moving up the right side of a big base. Recent catalysts. Will need to form a handle
NBIS chart

Key Moves

HUT
Strong gap and go
HUT chart
MPWR
Gap and go
MPWR chart

Watchlist & Themes

Larger Watchlist

CC ARM RIG AMPX NAVN YSS

Daily Focus List

YSS ARM NAVN

Mega Caps & Leaders List

TSLA META MSFT AAPL GOOG AMZN NVDA SNDK MU BE PL XOM GEV LITE AAOI FSLY DOCN AA GLW INTC MRVL TER TSEM VIAV NBIS

Universe List

AA AAOI BLLN AEIS AIR ALHC AMAT AMKR ASTS ECG ATRO VSNT BE BKSY SPHR CC CAVA CLS ARM CRUS CSTM DAN DELL DOCN SNDK FIX FORM FSLY KGS GLNG GLW GSAT ICHR COHR INTC LUNR IPGP IRDM KEYS KLAC KLIC LITE MATX MOD MPWR MRVL MU NE NIO OII ONTO PL PLAB GEV POWL RNG SATS SGML SKM SEI SSRM STM STRL STX TDW TER TSEM TTMI UCTT UI VIAV VRT VSAT WDC NBIS YOU AMPX NXT SOLS YSS AAPL AMZN GOOG META MSFT NVDA TSLA XOM

Additional Thoughts

big expansion yesterday. Now do we hold it and and see constructive range building which would set up the next move.

Recent Trade Lab Reports

  • Holding and Re-confirmation
    April 9, 2026
    [kt_reading_time]

  • Upside Reversal. 2 Week Ceasefire. Market Set to Gap up
    April 7, 2026
    [kt_reading_time]

  • Market Coiled at Key Levels. Make or Break for the Rally
    April 6, 2026
    [kt_reading_time]

  • Gap Down, Strong Close. Oops Reversals
    April 2, 2026
    [kt_reading_time]
TraderLion Footer