Price is 3.94% above the 200-SMA and roughly 1.6% above the 50-SMA, confirming the intermediate uptrend without stretching momentum. The MACD crossover with a nearly 2-point spread signals fresh upside impulse, yet RSI at 55 leaves meaningful room before overbought conditions (70) constrain the move. The 50-SMA at 345.51 has emerged as the first dynamic support, with the 200-SMA at 337.85 serving as the structural line in the sand. Trade-quality (91) and profit-probability (98) scores reinforce a constructive posture, while a mid-range inflection score (52) argues for disciplined entries rather than chasing.
Wednesday 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: $HIMS, $IREN, $COIN, $IWM, $QQQ, $SHOP.
5 of 5 plays
GOOGL is grinding higher at 351.16, riding above both its 50-SMA (345.51) and 200-SMA (337.85) in a stacked bullish configuration. With MACD flipping firmly positive (1.08 vs signal -0.88) while RSI sits at a mid-range 55.26, the tape is at an inflection between trend continuation and short-term consolidation.
EntryPreferred accumulation zone 345.50–348.00 on a pullback toward the 50-SMA; alternative momentum trigger on a confirmed close above 353.00.
Targets359.00 — measured extension of the current MACD impulse leg → 368.00–370.00 — next swing objective ~5% above entry zone
StopDaily close below 337.50, just under the 200-SMA. A break there would invalidate the trend structure and signal a shift from pullback to distribution.
Educational only. Not financial advice.