Price sits only 0.64% above the 200-SMA, making 639.70 the pivotal line-in-the-sand for the working long bias. RSI at 56.17 shows constructive but not overbought momentum, leaving room to extend, while MACD at 17.59 over its signal at 13.54 confirms a positive momentum crossover. The 50-SMA at 605.73 sitting below the 200-SMA still reflects a recent downtrend, so this is an early-stage recovery attempting to convert the 200-day from resistance into support.
Tuesday 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: $SPY, $HPQ, $HIMS, $ALGN, $NVDA, $TXRH.
5 of 5 plays
META trades at 643.81, holding just above its 200-SMA (639.70) and well above the rising 50-SMA (605.73), placing the stock at a classic reclaim inflection where the long-term trend line is being retested as support.
EntryAccumulate on strength above 644 with confirmation, or on pullbacks into the 640-644 zone that hold the 200-SMA at 639.70.
TargetsFirst target 665, capturing continuation as momentum extends above the reclaimed 200-SMA → Second target 690, a measured move as the MACD/RSI regime stays constructive
StopA decisive close below 632 would invalidate the reclaim thesis, signaling the 200-SMA has failed as support and opening a retest of the 50-SMA near 605.73.
Educational only. Not financial advice.