The 50-SMA at 144.53 sits well below the 200-SMA at 165.32, so the golden-cross has not yet formed, but momentum is turning: MACD at 6.28 is above its signal at 5.65 and RSI at 62.22 is firmly bullish without being overbought. Price holding above the 200-SMA is the pivotal tell — a decisive close back below 165.32 would neutralize the reclaim. The 23-point gap between the 50- and 200-SMA also flags that any failure here could see mean-reversion pressure toward the rising 50-SMA.
Thursday Playbook — Top 5 Setups
The day's five highest-conviction setups, ranked by technical inflection, profit-probability, and trade quality — 5 long, 0 short. Trade your plan and manage risk first. Also screened: $TSLA, $W, $IBM, $ALGN, $CAVA, $ETOR.
5 of 5 plays
RH is grinding higher through its 200-SMA (165.32) with price at 168.33, just 1.82% above the long-term trend line — a classic reclaim setup where the prior ceiling now attempts to become the floor.
EntryPreferred pullback entry 165.50–167.00 (retest of the 200-SMA at 165.32); breakout add-on trigger on a close above 170.00.
Targets178.00 — first measured extension above the reclaim zone → 188.00 — swing objective on continuation, MACD momentum permitting
StopDaily close below 163.50 invalidates the 200-SMA reclaim and shifts bias back to neutral, opening downside toward the 50-SMA zone.
Educational only. Not financial advice.