Pause
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
May 14, 2025
Market Action
QQQ – Slight follow through but mostly consolidation. ideally we work off the extension through time.
The expectation based on the close and recent action is sideways or higher.
Bulls want to see us follow through up or form a constructive pullback above MAs
Bears want us to reverse lower look to close the recent gap
Daily Chart of the QQQ.
IWM – Watching for this to build out above the 10ema
IBIT – building out a range
Trends (4/4 Up) – Based on the QQQ
Shortest – 10 Day EMA – Above Rising
Short-term – 21 ema – Above Rising
Intermediate term – 50 sma – Above Rising
Longterm – 200 sma – Up – Above Rising
Groups/Sectors
Deepvue Theme Tracker
Deepvue Leaders Heatmap
S&P 500.
Leadership
TSLA More Expansion higher, strong but could use a pause (applies to most names)
PLTR Tight day above the pivot, watching for this to build at the pivot and reconfirm.
NVDA Great action, could use a pause
META Tight day a bit short term stretched
HOOD Could start to build out a handle here into the 10ema
MSTR Forming a nice range here
CRWD I like this action, inside day as it builds out a handle
UBER Tight inside day
HIMS Due for a pause into the 10ema
Key Moves
EXEL strong gap and go
ECG earnings gap, highlighted this setup back at the range breakout
RDDT testing the bottoming base pivot
RKLB breakout from tight setup day
KRMN strong close after earnings
Setups and Watchlist
LYFT forming a post gap range but would not mind a bit more of a pause
CRWV watching for earnings move tomorrow, potential oops reversal currently
SN could build out more but watching as it forms a range above the 200sma
U watching for a range breakout
TTAN actionable today, watching for breakout to new highs
CPNG watching for follow through into new highs
SEI watching for a range breakout
VRNA watching for a range breakout
Today’s Watchlist in List form
Key Names
NVDA, TSLA, META, PLTR, MSTR, CRWD UBER HOOD
LYFT, CRWV, SN, U, TTAN, CPNG, SEI, VRNA, ROOT, AFRM, LOAR, COIN
Focus:
MSTR CRWV SEI VRNA
Themes and Leaders
Strongest Themes: BTC, Miners, Software, Cyber, Solar
Market Thoughts & Focus
Most growth names look a bit stretched and are due for a pause. Remember to not get complacent. We will likely see a shake of the trees soon with another stress test. Know your plan.
Anything can happen, Day by Day – Managing risk along the way
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