Trend structure is constructive: the 50-SMA at 600.20 sits below the 200-SMA at 642.22, but price leadership above both averages signals a developing golden-cross setup. Momentum confirms — RSI(14) at 62.78 is firm but not yet overbought, while MACD at 11.93 is decisively above its signal at 0.23, a wide positive spread indicating fresh trend acceleration. The proximity to the reclaimed 200-SMA (642.22) provides a well-defined risk anchor, and the trade-quality score of 92.1 reflects the alignment of trend, momentum, and inflection.
Monday 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: $SPY, $NVDA, $IBM, $RH, $CAVA, $HPQ.
5 of 5 plays
META trades at 656.73, holding above both the 50-SMA (600.20) and 200-SMA (642.22) after reclaiming the long-term trend line — a classic bullish inflection now sitting just 2.26% above the 200-day.
EntryPreferred accumulation on a pullback into 642–648 (retest of the 200-SMA at 642.22); breakout add-on above 660 on momentum continuation.
TargetsFirst target 685 (measured extension from the 200-SMA reclaim, ~4.3% upside) → Second target 705–712 (trend continuation objective as MACD spread persists)
StopDaily close below 638 invalidates the 200-SMA reclaim and flips the near-term structure; a deeper failure toward the 50-SMA at 600.20 would negate the long bias entirely.
Educational only. Not financial advice.