Space Theme, Semis Stand Out. QQQ Testing the 21
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
March 17, 2026
13 min read
Market Action
Test of the 21ema for the Qs. Semis and Space theme look interesting. MU Earnings tomorrow.
We’re at a key spot in this bounce where it likely pushes higher or reverses strongly.
QQQ
Tight day, bit of a fade off the 21ema area
IWM
Bounce into the 10ema area
IBIT
Interesting strength. Needs to overcome the 50
Current View: Correction. Rally Day 7.
Needs to overcome the 21ema
Groups/Sectors
Theme Tracker
Ranks
DV Leaders Heatmap
S&P heatmap
Leadership Stocks & Analysis
TSLA
Tightening between the 21 and 50
META
Downside reversal
MSFT
Reversal off the 21
AAPL
Bouncing
GOOG
Push through the 21
AMZN
Pop above the 21
NVDA
Downside reversal
SNDK
Holding. MU Earnings will impact this
MU
Earnings tomorrow
BE
Watching for a range breakout
PL
Strong push higher
PAAS
Downside reversal, looks weak
RKLB
Gapping down after hours on an offering. Strong day!
XOM
Grinding higher
GEV
Level re-breakout
LITE
Upside reversal, watching for follow through
AAoi
Still pulling in. Key level
Key Moves
ESLT
Gap and go on earnings. Aerospace theme
SEI
Catalyst gap
Setups and Watchlist
ASML
Watching for a range breakout
ECG
Watching for a range breakout
BTU
Watching for a range breakout
KRMN
Watching for a range breakout
HCC
Watching for a range breakout
MRNA
Watching for a range re-breakout
POWL
Watching for a range breakout
TER
Watching for a range breakout
SOLS
Watching for a range breakout
VRT
Watching for a range breakout
DRS
Watching for a range breakout
Watchlist & Themes
Larger Watchlist
ASML
ECG
BTU
KRMN
HCC
MRNA
POWL
TER
SOLS
VRT
DRS
BE
SNDK
LITE
AEIS
SPHR
HIMS
HUT
TDW
Daily Focus List
BE
ASML
SOLS
KRMN
ECG
Additional Thoughts
Encouraged by what I see in my screens. Semis as a whole look interesting. Expecting expansion