Price is pinched in a tight 1.5-point band between the 50-SMA at 169.31 (immediate overhead) and the 200-SMA at 167.83 (immediate support), a classic decision node. MACD at -0.17 versus signal -1.76 shows a decisive bullish crossover with the histogram expanding, confirming momentum has flipped in favor of buyers. RSI at 53.08 is constructive but not stretched, leaving room for continuation without overbought risk. The thin 0.54% cushion to the 200-SMA means the setup is binary: reclaim the 50-SMA and trend resumes; lose the 200-SMA and the bull thesis fails.
Sunday 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: $IBIT, $GLD, $AMZN, $META, $SPY, $SOXL.
5 of 5 plays
QCOM is coiling at an inflection zone with price (168.74) sandwiched between the 50-SMA (169.31) resistance and 200-SMA (167.83) support, sitting just 0.54% above its long-term trend. A rising MACD (-0.17 vs signal -1.76) alongside a neutral RSI of 53 signals momentum is turning up from a reset, with trade-quality scored 84.6.
EntryPreferred trigger on a reclaim and hold above the 50-SMA at 169.31, with entries staged between 169.30–170.00; alternatively, a pullback tag of the 200-SMA near 167.85 offers a lower-risk add zone.
TargetsFirst target 173.50, a measured move above the 50-SMA congestion → Second target 177.00, extending the recovery leg as momentum broadens
StopInvalidation on a daily close below 166.50 (roughly 1.3% under the 200-SMA), which would break the long-term trend line and negate the MACD-crossover thesis.
Educational only. Not financial advice.