Price at 243.63 is pinned just below the 50-SMA (244.96), making that line the immediate pivot; a reclaim would confirm the momentum shift already flagged by MACD narrowing sharply toward zero. RSI at 62.87 shows building strength without yet reaching overbought territory, leaving room for continuation. The 200-SMA at 234.27 defines the structural floor, and the 4.00% cushion above it aligns with a constructive medium-term backdrop. Failure to clear 244.96 keeps the tape in a tactical chop zone between the two moving averages.
Tuesday Playbook — Top 5 Setups
The day's five highest-conviction setups, ranked by technical inflection, profit-probability, and trade quality — 3 long, 0 short. Trade your plan and manage risk first. Also screened: $SMCI, $IGV, $QQQ, $GOOGL, $HIMS, $QCOM.
5 of 5 plays
FSLR is coiling at its 50-day SMA (244.96) while holding 4.00% above the rising 200-day SMA (234.27), with a bullish MACD cross (-4.42 vs signal -9.04) suggesting momentum is inflecting higher after a downtrend.
EntryAccumulate on strength above 245.00 (50-SMA reclaim), or on a pullback into the 236.00-238.00 zone that holds the 200-SMA at 234.27.
Targets258.00 — prior swing resistance and first measured extension off the MACD cross → 272.00 — extended target if momentum expands and RSI pushes into the 70s
StopDaily close below 232.00; breaking the 200-SMA (234.27) would invalidate the long thesis and flip trend structure back to neutral/negative.
Educational only. Not financial advice.