Holding and Re-confirmation

Richard Moglen
Richard Moglen

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

April 9, 2026

[kt_reading_time]

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

Market Action

Holding the gap well and multiple names reconfirming today. Day 7 of the Rally.

Constructive action. There will likely be a stress test day (shake the trees day) soon where The market rally really gets tested. If that happens know your risk management spots with current names and have a list ready if an intraday low looks to be in.

A day like that would be great for spotting RS, what goes red to green first, closes the best

Semiconductors, telecom continue to be the leading themes

Remember that if this developing uptrend has legs we have a few weeks long window to get positioned in the best leadership quality stocks. No huge rush and focus on low risk areas in the names showing the strongest recent RS.

QQQ
Strong close above the MAs
QQQ chart
IWM
Strong bar
IWM chart
IBIT
Push off the level
IBIT chart
USO
Bouncing a bit. We want to see this reconfirm lower and break below the 21ema
USO chart

Current View: Developing Uptrend

Groups/Sectors

Theme Tracker
Telecom, Semis currently the leading themes on a 1 month basis.
Theme Tracker
Deepvue Leaders
Deepvue Leaders
S&P Heatmap
S&P Heatmap

Leadership Stocks & Analysis

TSLA
Downtrend. No follow through lower after the negative bar so far
TSLA chart
META
Testing the declining 50. Tight day overall
META chart
MSFT
No follow through down really. In this range. longer term downtrend and software still heavy.
MSFT chart
AAPL
Outside day. At the 50. Looks constructive but needs to push higher.
AAPL chart
GOOG
Upside reversal off the 50 area
GOOG chart
AMZN
Very strong reconfirmation higher. Above all the MAs
AMZN chart
NVDA
Inside day. Above the MAs
NVDA chart
SNDK
Trending. New highs
SNDK chart
MU
Strong bar. Above the MAs
MU chart
BE
Strong bar. Close to testing the key level
BE chart
PL
Pulling back to the 10ema. Recent overshoot of highs
PL chart
XOM
Downside reversal off the 21ema
XOM chart
GEV
New highs
GEV chart
LITE
Downside reversal. Trending
LITE chart
AAOI
Fade off highs. Trending
AAOI chart
FSLY
Follow through down and testing the 21ema
FSLY chart
DOCN
Decent close but overall a volatile day. Needs to hold the 21
DOCN chart
AA
Gap up, big fade off highs.
AA chart
GLW
New highs but tight day.
GLW chart
INTC
More reconfirmation. Great Strength. Short term extended a bit
INTC chart
MRVL
Trending. A bit short term extended
MRVL chart
TER
Slight new highs
TER chart
TSEM
Trending. Fade off highs
TSEM chart
VIAV
Trending
VIAV chart
NBIS
Very strong. Testing the key level. Multiple recent catalysts
NBIS chart

Key Moves

YSS
Very strong range breakout from the tight area RMV 0. Featured on the focus list yesterday
YSS chart
WOLF
Strong breakout
WOLF chart

Setups and Watchlist

CC
Watching for a range breakout. Trades with Oil
CC chart
CAVA
Pullback to the HVC after the recent push up. Watching for reconfirmation higher
CAVA chart
ARM
Tight day on the 21. Watching for a range breakout
ARM chart
DOCN
Volatile day. Watching for a range breakout
DOCN chart
GNRC
ideally contracts a bit more. Watching for a range breakout up the right side of the base
GNRC chart
ICHR
Watching for a base breakout
ICHR chart
MRNA
Watching for a range breakout
MRNA chart
CRWV
New partnership with META. Watching for a range breakout
CRWV chart
PL
Watching for an upside reversal off the 10ema
PL chart
TXG
Watching for a base breakout
TXG chart
SOLS
Watching for a consolidation breakout. Could build out more here.
SOLS chart

Watchlist & Themes

Larger Watchlist

CC CAVA ARM DOCN GNRC ICHR MRNA CRWV PL TXG SOLS

Daily Focus List

ARM ICHR TXG CRWV

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 GNRC MRNA CRWV TXG

Additional Thoughts

Consistent strong action the last few days. Some megacaps shaping up now. Ideally we get a stress test that closes well where the developing leaders show great RS.

Recent Trade Lab Reports

  • Gap up above the 50 and 200 SMA
    April 8, 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]
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