RSI at 54.99 sits in neutral-to-constructive territory, showing momentum has recovered without stretching. MACD at -0.35 versus signal -1.91 is a meaningful bullish crossover expansion, indicating downside momentum has faded and is turning up. However, the 50-SMA (72.60) still sits above spot, so the tape remains technically capped until reclaimed. Holding the 200-SMA (70.87) while MACD widens above signal is the constructive tell supporting the long bias.
Monday Playbook — Top 5 Setups
The day's five highest-conviction setups, ranked by technical inflection, profit-probability, and trade quality — 4 long, 0 short. Trade your plan and manage risk first. Also screened: $AVGO, $SPY, $GOOGL, $HIMS, $RH, $AMZN.
5 of 5 plays
CAVA is coiled directly on its 200-day SMA (70.87) with price at 71.02, just 0.22% above the line and 1.58 points below the 50-day SMA at 72.60 — a classic inflection where the long-term trend line either reasserts as support or gives way.
EntryPreferred accumulation zone 70.90–71.20 on continued holds of the 200-SMA; confirmation add on a decisive close back above the 50-SMA at 72.60.
TargetsFirst target 74.00, reclaiming space above the 50-SMA → Second target 76.50 on trend continuation and MACD crossing above zero
StopInvalidation on a sustained close below 69.75 (roughly 1.5% under the 200-SMA), which would signal the long-term trend line has failed and the MACD recovery is stalling.
Educational only. Not financial advice.