Strong Action After the Gap Down – AVGO Up After Hours

Richard Moglen
Richard Moglen

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

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

Market Action

During uptrends weak opens close strongly. This is what happened today with many names reversing well and closing near highs. Semis and the AI theme look primed for the next move. Now we need to see follow through after the upside reversal action today.

QQQ
Strong close right at the key after testing the 21ema. Looks ready to push out of this range.
IWM
Follow through higher. More new highs.
IBIT
Oops reversal and close at highs. Watching for follow through and start of an uptrend.

Trends 4/4 Up – based on the QQQ

Shortest – 10 Day EMA –   Above
Short-term – 21 ema – Above
Intermediate term – 50 sma – Above
Longterm – 200 sma – Up – Above Rising

Current View: Developing Uptrend

Groups/Sectors

Deepvue THEME Tracker
Strong moves from most themes. Miners following through
DV Leaders Heatmpa
Strongs moves off the open
S&P HEATMAP
Financial theme strong as well. Good breadth
Post Movers
Good to see AVGO gapping up. Plus for the AI Theme

Leadership Stocks & Analysis

TSLA
Looks ready for a breakout from the handle.
GOOG
Pulling back today. Trending above the MAs, watching for a bounce
AAPL
Upside reversal in the range. Looks ready to push higher
META
Reclaiming the 21ema. Watching for follow through up
AMZN
Coiled on the moving averages
INTC
Not the strongest look but watching for a push off the 21ema and break of this flag
PLTR
Strong upside reversal, building out a range below the base pivot
NVDA
Gap down but good close. Needs to follow through quickly
AMD
Watching for follow through and range breakout
VRT
Big Shakeout bar. Watching for follow through up
MU
Forming a range on the pivot
BE
Subtle undercut and strong day reclaiming the 21ema
LLY
Tight open to close. Still in a range near the 21ema. Fade off highs
AVGO
Gapping up slightly on earnings.

Key Moves

PL
Strong earnings gap. Actionable on AVWAP Reclaim in the morning
EOSE
Strong outside day and 21ema reclaim. Actionable back up through prior day's low
ALAB
Bottoming base here. Outside day.

Setups and Watchlist

CLS
Watching for a base breakout
CLSK
Watching for a range breakout
BKV
Watching for a range breakout
SEI
Watching for a flag breakout
GRAL
Tight day, watching for a 21ema reclaim
TTAN
Watching for a bounce off the HVC
ESTA
Watching for a range breakout
AEIS
Watching for a range breakout
HOUS
Watching for. a range breakout. Fast mover
RGEN
Watching for a bounce off the 21ema and range breakout
CIFR
Fast mover. Watching for follow through up. Crypto theme
GEV
Watching for a push off the base pivot & HVC Reclaim.

Continue Reading The Full Trade Lab Report

Get instant access to comprehensive market analysis that cuts through the noise and shows you exactly where the opportunities are

What You’ll Get With Full Access
Daily Market Overview
Bullish & bearish scenarios, key levels, and market breadth indicators
Sector & Group Analysis
Industry & sector rotation visualization.
Curated Watchlists
Hand-picked growth leaders with entry levels & risk parameters
Educational Case Studies
Weekly breakdowns and pattern recognition training
Today’s Curated Watchlist
GROWTH LEADERS 3 momentum stocks breaking out of consolidation…
SECTOR ROTATION Technology showing relative strength while…
KEY LEVELS SPY holding above critical support at…
Join Trade Lab
Secure checkout • Cancel anytime

Recent Trade Lab Reports

  • xnapper 2025 12 19 16.43.14.png
  • xnapper 2025 12 17 17.58.45.png
TraderLion Footer