Waiting on NVDA Earnings
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
August 26, 2025
Market Action
QQQ – Another tight day as we form a range right above the 21ema. NVDA earnings tomorrow AMC
Bulls want to see us reconfirm/follow through higher and continue to trend above the 21ema
Bears want to see a reversal back down below the 21ema
Daily Chart of the QQQ.
IWM – Forming a range up here. Positive expectation breaker
IBIT – Upside reversal. Bulls want to see this follow through up and reclaim that prior base pivot level
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. % Change from Open and Relative Volume
S&P 500.
Leadership
TSLA Some more follow through. Ideally forms a tight range now before attempting the base breakout
AAPL Strong upside reversal. Expectation is follow through higher
PLTR Push through the range. Still below the 21ema
NVDA In this short consolidation ahead of earnings tomorrow.
META forming a short flag, looks constructive
HOOD upside reversal in this range. Watching for expansion
RDDT Forming a range. Tight inside day. Watching for a range breakout
ALAB watching for a range breakout now. pushed off the earnings close level
MSFT Still showing relative weakness
Key Moves
SMTC strong gap on earnings surprise
LEU pop through the 21ema
Setups and Watchlist
CENX watching for a range breakout
GO squat today, watching for re-breakout
DLO Watching for a range breakout
NCLH Watching for a flag breakout
SEDG Watching for a range breakout
TEM watching for follow through up
Today’s Watchlist in List form
Focus List Names
CENX GO DLO NCLH SEDG TEM RDDT ALAB HOOD NVDA
Focus:
HOOD RDDT ALAB NVDA (Earnings)
Themes
Strongest Themes: Software, Crypto, Nuclear Power, Semis, Miners, Cruise Liners
Market Thoughts & Focus
more consolidation for the most part with key leaders getting primed. NVDA earnings tomorrow afternoon will be key
Anything can happen, Day by Day – Managing risk along the way
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