New Rally Attempt?

Richard Moglen
Richard Moglen

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

Market Trend Status
Trend: 3 of 4 DOWN
✗ 10 EMA ✗ 21 EMA ✗ 50 SMA ✓ 200 SMA

Market Action

Sharp drop off the open then a nice recovery. Today’s lows are key to hold. New Day 1 of a rally attempt on the QQQ.

Themes of interest: Data Centers, AI, Energy, Oil and Gas, Metals Space

QQQ
Upside reversal undercutting the Feb 5 low. below the MAs
IWM
Compressing. Expecting expansion tomorrow
IBIT
Tightening over the past few days. Slight upside reversal

1/4 Up. Current View: Correction. Rally Attempt Day 1 today

Groups/Sectors

DeepvUe Theme Tracker
Deepvue Leaders Heatmap
Post Market Movers
AMD, ANET, PANW Down

Leadership Stocks & Analysis

TSLA
Upside reversal. Today's low is key
META
Upside reversal, below the MAs
MSFT
To test lows?
AAPL
Snapback from "oversold"
GOOG
Subtle undercut and rally. Today's low is key to hold
AMZN
Upside reversal, retaking the gap down low
NVDA
Upside reversal at the MAs. today's low is key to hold and need to see follow through
SNDK
Pulling back into the 10ema. Needs to stay above the 21ema
BE
Strong upside reversal action, needs to reclaim the pivot
MU
Lower high in. Weaker looking than SNDK
PL
Building a new base, can watch for a pop through the 21ema to start the right side
INTC
Inside day. Expecting expansion
PAAS
Upside reversal on the 50. Earnings tomorrow
RKLB
Subtle outside day. Can poop higher and start the right side of the base
LLY
Wicks and downside reversal at the MAs
XOM
Still pulling in sharply. Below the 10ema
GEV
Trending, push off the 10ema
LITE
Trending, push off the 10ema as well

Key Moves

ETOR
Earnings Gap. Longer term downtrend from the newer ipo

Setups and Watchlist

AEIS
Watching for a range breakout. Longer term trender
ATRO
Watching for a range breakout.
HUT
Watching for a level reclaim
EQPT
Recent IPO. Watching for a range breakout
NET
Watching for a range breakout.
PL
Watching for a range breakout and pop above the 21
PLAB
Watching for a range breakout.
Q
Watching for a pullback to the pivot/10ema
CGNX
Watching for an HVC reclaim
EQIX
Watching for a range breakout. Data center reit
AGX
Watching for a push off the pivot
VICR
Watching for a range breakout. Today's low needs to hold
DK
Watching for a range breakout.
SGML
Watching for a push off the 21ema and range breakout

Watchlist & Themes

Larger Watchlist

BE AEIS ATRO EQPT HUT NET PL PLAB Q CGNX EQIX AGX VICR DK SGML

Daily Focus List

BE EQPT PL PLAB

Universe List

AA BLLN AEIS AEM AGX AMAT AMD AMKR ANAB APLD ARWR ASML ASTS ATRO AXGN AXSM AXTI BABA BE BIDU BILL CTRI SPHR BTU KRMN CCJ CGNX CIFR COHU COMP ARM CRK CRWD CSIQ CUK CVNA DDOG DOCN DVA DY EGO ENPH ENTG EOSE EQIX ESLT SNDK FLNC FLS FORM FROG FSLY FTAI GFS GH GILD GLW GNRC GOOG GSAT HAS FIGR HL FTRE HP HUT IBRX ICHR COHR INOD INTC LUNR IREN SN JBLU GRAL KLAC KLIC KRYS KTOS LBRT LEU LITE LMND LRCX MAS MCK META METC MGA HNGE MOD MRCY MRNA MU NEM NET CRWV NTRA NVDA NVST ONTO PAAS PBF ALAB PL PLAB GEV POWL PRIM QGEN RDW CHYM RGEN RIVN RKLB SATS SCCO SGML SITM SKYT SNDX SEI QXO SSRM STNE STX TDC TER TEVA TSEM TSLA TTMI TXG UCTT VAL VICR VIST VRDN VRT VSCO WT WRBY WULF XPO NBIS ZIM VOYG NAVN NXT BLSH LGN STUB SOLS FLY Q

Additional Thoughts

Decent number of names setting up if today is a new start to a rally attempt.

Recent Trade Lab Reports

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