Price at 46.26 is only 2.23% above the 200-SMA, meaning the long-term trend line is still in play as the pivot of record. The 50-SMA sitting just 0.85 points above the 200-SMA hints at a nascent golden-cross alignment, and MACD's expansion above signal confirms buyers regaining short-term control. RSI at 59.28 is constructive but not stretched, supporting continuation if 46.10 holds on any pullback. The tight clustering of price and both SMAs, however, means the setup remains binary — a decisive break either way likely dictates the next multi-week leg.
Sunday 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: $RKLB, $NOW, $AVGO, $CVNA, $ALGN, $SPY.
5 of 5 plays
IONQ is coiled at an inflection just above both its 50-SMA (46.10) and 200-SMA (45.25), with a MACD cross into positive territory (0.36 vs -1.24) signaling momentum has shifted while RSI at 59.3 leaves room before overbought conditions.
EntryPreferred entry on a hold/reclaim of the 46.10 (50-SMA) shelf, ideally 46.00-46.30; alternatively, momentum add on a confirmed close above 47.00.
TargetsFirst target 48.75 (recent supply / prior swing area) → Second target 51.00 (measured extension above the SMA cluster)
StopInvalidation on a daily close below 45.25 (200-SMA); losing that level would negate the MACD cross thesis and flip the trend structure back to neutral-bearish.
Educational only. Not financial advice.