Price at 236.80 sits only 1.08% above the 200-SMA, making that level the line-in-the-sand support. RSI at 58.08 shows constructive momentum without being overbought, and MACD at -2.55 vs signal -7.75 reflects a clear bullish crossover with momentum inflecting higher. The tension between price under the 50-SMA (244.54) and improving momentum defines the setup: a break above 244.54 would flip trend structure, while a loss of 234.26 would negate it.
Wednesday 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, $ALGN, $GOOGL, $QQQ, $HIMS, $IGV.
5 of 5 plays
FSLR is coiling just above its 200-SMA (234.26) while still trading below its 50-SMA (244.54), setting up a classic inflection where a reclaim of the 50-day would confirm trend repair on the Long bias.
EntryAccumulation zone 234.50–237.50 near the 200-SMA, with a confirmation add on a decisive close above the 50-SMA at 244.54.
TargetsFirst target 244.50 at the 50-SMA — the immediate overhead resistance → Second target 258.00–262.00, prior swing zone once the 50-SMA is reclaimed
StopBelow 230.00 (roughly 2% under the 200-SMA); a break there invalidates the reclaim thesis and signals the 200-SMA has flipped from support to resistance.
Educational only. Not financial advice.