Price sits 3.98% above the 200-SMA and roughly 7.8% above the 50-SMA, evidencing a healthy uptrend now that the 50-SMA has recaptured the 200-SMA proximity. MACD at 14.02 versus signal 4.14 shows a wide, positive spread — momentum is firmly with the bulls. RSI at 67.18 is strong but sits just below the 70 overbought threshold, leaving limited buffer before mean-reversion risk rises. The structural bias remains long as long as price holds above the 200-SMA at 623.23.
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: $IBIT, $CVNA, $AAOI, $SPY, $AMZN, $SHOP.
5 of 5 plays
META trades at 648.03, extended above both the 50-SMA (600.90) and 200-SMA (623.23) with a confirmed bullish MACD posture, placing the stock at a continuation inflection where trend followers must decide between chasing strength or waiting for a pullback.
EntryPreferred: staggered longs on a pullback into 630–635 (near-term demand shelf above the 200-SMA). Alternative trigger: breakout and hold above 655 on strong closes.
TargetsFirst target: 668–672 (measured continuation from the current MACD impulse) → Second target: 690 (extension objective if RSI momentum sustains above 65)
StopDaily close below 622 (loss of the 200-SMA at 623.23), which would invalidate the trend structure and signal a shift back toward the 600.90 50-SMA.
Educational only. Not financial advice.