Price is essentially pinned to the 50-SMA and sits only 0.89% above the rising 200-SMA at 71.29, keeping the longer-term structure constructive. RSI(14) at 54.91 is neutral-to-firm with room to expand before overbought conditions, while MACD at 0.82 versus a signal of -0.33 confirms positive momentum crossover. Together, the flat short-term MA and rising long-term MA with bullish MACD argue for an upward resolution, though the thin 0.89% cushion to the 200-SMA leaves little margin for error.
Monday 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: $FIG, $BMNR, $CRCL, $VRT, $SOXL, $NVDA.
5 of 5 plays
CAVA is coiling right at its 50-SMA (71.90) with price at 71.93 and the 200-SMA just below at 71.29, framing a tight inflection where a directional resolution is imminent.
EntryConsider staged entries on a reclaim/hold above 72.00–72.30, or on a controlled pullback into the 71.30–71.60 zone that defends the 200-SMA.
TargetsFirst target 74.00, a measured move above the 50-SMA reclaim → Second target 76.50, extension objective if momentum broadens
StopA decisive close below 71.00 would break both the 200-SMA (71.29) and the recent base, invalidating the long bias and signaling momentum failure.
Educational only. Not financial advice.