Price sits just 0.54% above the 200-day, keeping the long-term trend intact while the 50-day caps immediate upside at 169.31. RSI at 53.08 is constructively neutral with room to run before overbought conditions. MACD at -0.17 versus signal at -1.76 shows a clear bullish crossover with momentum inflecting upward from negative territory. The tight SMA cluster (spread <1%) signals volatility compression that historically precedes an expansion move.
Tuesday 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 directly between its 50-SMA (169.31) and 200-SMA (167.83) with price at 168.74, a compression zone where a directional resolution typically follows. Trade-quality (84.6) and profit-probability (83.0) scores frame this as a high-grade long-bias setup at technical inflection (67.3).
EntryPrimary trigger on a reclaim and close above the 50-SMA at 169.31, ideally with confirmation above 170.00. Secondary entry on a pullback hold of the 200-SMA at 167.83.
TargetsFirst target 173.50, prior resistance and measured move from the SMA compression → Second target 177.00, extension objective if momentum expands with RSI breaking above 60
StopInvalidation on a decisive close below 166.50, which would break the 200-SMA support and negate the bullish MACD crossover, flipping the trend structure back to distribution.
Educational only. Not financial advice.