Price is 5.12% above the 200-SMA and roughly 2.7% above the 50-SMA, confirming a healthy stacked uptrend structure. The MACD crossover with a 2.00 spread above signal points to accelerating momentum, while RSI at 58.80 corroborates strength without flashing an overheated warning. The 50-SMA at 345.53 now acts as first-line dynamic support, with the 200-SMA at 337.69 serving as deeper structural support. The setup favors continuation, though the inflection score of 50.4 suggests waiting for a controlled pullback rather than chasing at the highs.
Tuesday 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: $AAOI, $HIMS, $SPY, $COIN, $SHOP, $AMZN.
5 of 5 plays
GOOGL trades at 354.97, extended above both the 50-SMA (345.53) and 200-SMA (337.69) with the MACD (0.64) firmly above signal (-1.36), signaling a trend-following long setup within the MAG7 complex. RSI at 58.80 sits in bullish territory but not yet overbought, leaving room before momentum exhaustion.
EntryPreferred accumulation zone 346-349 on a pullback toward the 50-SMA (345.53); alternative momentum trigger on a decisive close above 358.
TargetsFirst target 365, capturing near-term measured extension above current range → Second target 375, aligned with continuation of the prevailing trend
StopDaily close below 337 invalidates the thesis — a break of the 200-SMA (337.69) would neutralize the trend structure and signal a shift from pullback to trend break.
Educational only. Not financial advice.