Price at 242.67 has reclaimed footing above the 200-SMA (232.98) but remains capped by the 50-SMA at 255.42, defining a clear compression range. The MACD histogram turning positive while still below zero signals early trend repair rather than confirmed reversal. RSI near the 50 midline shows balanced flow, leaving room to expand upward without overbought risk. The 4.16% cushion to the 200-SMA provides a defined risk framework for a long tilt.
Sunday Playbook — Top 5 Setups
The day's five highest-conviction setups, ranked by technical inflection, profit-probability, and trade quality — 4 long, 1 short. Trade your plan and manage risk first. Also screened: $TSLA, $ANET, $GOOGL, $META, $TSM, $ASML.
5 of 5 plays
AMZN is coiling between its rising 200-SMA (232.98) and a declining 50-SMA (255.42), sitting 4.16% above long-term trend support. With RSI at 48.70 and MACD (-4.39) crossing above its signal (-5.30), momentum is inflecting higher from a neutral base within the MAG7 long bias.
EntryAccumulate 240-243 on stabilization, or add on a momentum trigger through 248 that opens the path to test the 50-SMA at 255.42
TargetsFirst target: 255.42 (50-SMA convergence) → Second target: 265.00 (extension above reclaimed 50-SMA)
StopDaily close below 232.50 (just under the 200-SMA); breaking it invalidates the long-term uptrend structure and negates the MACD inflection thesis
Educational only. Not financial advice.