Market Coiled at Key Levels. Make or Break for the Rally
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
April 6, 2026
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Market Action
The market is coiled at key levels. Multiple mega caps similar. Make or break moment for the rally attempt.
QQQ
Testing the 21ema arean after the rally
IWM
Testing a key level. Forming this range
IBIT
Gap up, hold. Close to the level, 50sma
Current View: Correction. Rally Attempt Underway Day 4
Groups/Sectors
Theme Tracker
Ranks
DV Leaders Heatmap
S&P heatmap
Leadership Stocks & Analysis
TSLA
Downtrend below MAs. Testing recent lows.
META
Tightening below MAs
MSFT
Forming a range below MAs
AAPl
Expansion higher. Fade off the 50sma
GOOG
At a key level after the rally
AMZN
At a key level
NVDA
Range at the 21ema, just below the 200sma
SNDK
Gap up, tight day
MU
Testing the declining 21ema
BE
Tightening below MAs
PL
Tight day after the expansion
XOM
21ema pullback
GEV
Tightening above the 21
LITE
Slight downside reversal at highs
AAOI
Fade off the recent swing high
FSLY
Trending
CRCL
Tight day. Needs to form a base
DOCN
Downside reversal at highs
NXT
Breakdown lower. SEDG also negative
Key Moves
AMPX
Pop higher
MPWR
Pop higher up the right side of the base
Setups and Watchlist
AEIS
Watching for a range breakout
CC
Watching for a range breakout
ARM
Watching for a range breakout
KGS
Watching for a range breakout
GLW
Watching for a range breakout
ICHR
Watching for a range breakout
MATX
Watching for a range breakout
MOD
Watching for a range breakout
POWL
Watching for a range breakout
TER
Watching for a range breakout
VRT
Watching for a range breakout
NAVN
Watching for a range breakout and U turn
SOLS
Watching for a range breakout
Watchlist & Themes
Larger Watchlist
AEIS
CC
ARM
KGS
GLW
ICHR
MATX
MOD
POWL
TER
VRT
NAVN
SOLS
BE
GEV
Daily Focus List
TER
VRT
SOLS
NAVN
Additional Thoughts
Many names in ranges (coiled) expecting expansion soon