Price at 9.25 sits just above both key moving averages, with the 50-SMA (7.67) tracking sharply below the 200-SMA (9.17) — an early bullish crossover setup rather than a confirmed one. Momentum backs the move: RSI(14) at 66.87 is strong but not yet extended past 70, and MACD at 0.50 above its 0.36 signal line shows expanding positive momentum. The tight distance to the 200-SMA means the tape must hold this line to validate the regime change; failure quickly flips the read back to range.
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: $GOOGL, $FSLR, $NOW, $SPY, $DPZ, $COST.
5 of 5 plays
ASAN is reclaiming its 200-day SMA (9.17) after basing well above a rising 50-day SMA (7.67), placing price at a classic trend-reset inflection with only 0.89% of separation to defend.
EntryPreferred entry on a hold of the 9.15–9.30 zone (200-SMA reclaim) or on a pullback tag of 9.00 that recovers intraday; avoid chasing extensions above 9.50 without a base.
TargetsFirst: 9.85–10.00 (round-number resistance and measured move off the 50-SMA base) → Second: 10.75, extending the trend if MACD spread widens and RSI holds above 60
StopBelow 8.85 on a daily close — this breaks back under the 200-SMA with margin and negates the reclaim thesis, likely dragging price toward the 50-SMA at 7.67.
Educational only. Not financial advice.