Price sits only 0.90% above the 200-SMA and comfortably above the rising 50-SMA at 605.19, confirming a bullish medium-term structure. RSI at 56.76 is constructive but not overbought, leaving room to extend, while MACD at 18.53 over its 12.53 signal shows momentum expanding to the upside. The narrow gap to the 200-day is the tell: sustained closes above 640 validate the reclaim, but the zone remains a decision point given trade-quality at 93 and inflection at 63.7.
Monday 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: $W, $ETOR, $HPQ, $ALGN, $AMZN, $HIMS.
5 of 5 plays
META is a MAG7 long-bias setup trading at 645.85, holding just above its 200-SMA (640.06) after reclaiming trend — a classic inflection where the 200-day flips from resistance to potential support.
EntryAccumulation zone 640.06–646.00 on pullbacks that hold the 200-SMA; momentum trigger on a daily close above 650.
TargetsFirst target 675.00 as initial extension off the 200-SMA reclaim → Second target 705.00 on continuation with MACD holding above signal
StopDaily close below 620.00 invalidates the reclaim thesis, signaling the 200-SMA has failed as support and opening a retest of the 50-SMA at 605.19.
Educational only. Not financial advice.